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


To: William H Huebl who wrote (15267)3/26/1998 7:00:00 PM
From: donald sew  Read Replies (2) | Respond to of 94695
 
Hi Bill,

The market is really looking weak. I may be pushing up the timing of this interim pullback to within days. There were some technical signs today which increased the weakness.

The interest rates, CRB, GOLD INDEX(XAU) were all up and the the trading channel is clearly to the upside for the short-term.

The XAU jumped up almost 8% today, surpassing 2 previous peaks.

Seeya



To: William H Huebl who wrote (15267)3/26/1998 7:24:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
Bill, money managers are letting the shorts in, only to blow them out of the water next week wen all this 401K and IRA money comes in.

To early to go short even that many stocks just invite you to short them. I am only shorting during the day, try not to carry positions overnight if they are not hedged.

But remember the difference between you and a money manager is how they earn their living. Therefore they will fight to keep the traps going and market sucking in more money.

Only the FED or the inflation can stop this insane casino called US stock market with the money of working people.

Those are my 2 cents,

BWDIK

Haim