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


To: Tommaso who wrote (15382)3/29/1998 2:39:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
Tommaso, thank you, as for Monday pay attention to Oil Stocks and OPEC meeting they are going in with lot of fanfare about cutting more production.

IMHO it is all BS as most of those countries need the money and Russia is joining the club as they need every penny. Aside Iraq will start shipping soon.

Also I anticipate more "sector rotating" which possible will depress the market as the sellers will sell the SPY futures and rotate below the market in new positions I thing this type of strategy happened most of last week.

The real wild card is the recovery of SE Asia and China.

BWDIK

Haim