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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Simon who wrote (7278)10/25/1997 1:30:00 AM
From: Simon  Respond to of 94695
 
RE: Post 7278 watch S&P chart. Dow stocks have been over bought in last few weeks and have had greater oscilations.



To: Simon who wrote (7278)10/25/1997 10:31:00 AM
From: Haim R. Branisteanu  Respond to of 94695
 
Between 1990 and 1993 we had a "mini-correction" on a Friday in November it was Nov option expiration. At that time AG promptly lowered Fed Funds rates to 3% and we started rallying.

I think it was "credit card" nonsense related. As usual they find plenty of excusses

Happy Trading
Haim