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To: jan_vandermeer who wrote (18817)2/23/2003 8:56:41 PM
From: Frank Pembleton  Respond to of 206121
 
Jan... I just finished reading the BCA Foretrends Weekly Bulletin you just posted-- I certainly agree with it. My own data would suggest we are, at the very least on the edge of a 100 point mega rally on the Naz, as they would put it "a contrarian play." The sentiment indicators are sustaining what I would call a buying opp, bad news doesn't tank the market (like last Friday) and one piece of good news is all the market really needs to set itself off.

...as usual, great charts.

Regards,
Frank P.



To: jan_vandermeer who wrote (18817)2/23/2003 9:57:11 PM
From: Archie Meeties  Respond to of 206121
 
<I don't think this will be a replay of the 1990 scenario since everyone is expecting it>

In these situations what might happen is a move that it is reminiscent of 1990 but is actually a bear trap. This might play out in both futures and in the equities. If so for the latter, then I've turned bullish too early.

Are you hedging with options?



To: jan_vandermeer who wrote (18817)2/23/2003 10:51:24 PM
From: t4texas  Respond to of 206121
 
are you related to marijke?