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

To: Bonnie Bear who wrote (16103)	4/11/1998 10:06:00 PM
From: James F. Hopkins	Read Replies (3) \| Respond to of 94695

HI Bonnie; Well I still don't see any way to call this market, look biz.yahoo.com Thats not slowing down right now and that alone will offset a lot of the negitive FA I've been hearing. I'm not saying up or down, what I am saying is this thread is strongly and overly biased to the down side, and it's coming more apperant to me that it can be used as a contrarian indicator. When it gets even mildly bullish you can short.<G> Yep the FA, looks down..TA looks down..but they both look like they could be lying, Money Flow is strong..what the Yen Dollar did is sure not positive..but it could just piss someone off. Let me tell you the FED does not have the power they once did to macro manage and manipulate things. Greenspam has mud all over him, and I can tell he is beside himself that he hasn't killed the market yet. Why one Mutual Fund Family "Fidelity" alone controals more money than the U.S. Government. With a few phone calls they can counter any move the Fed makes, if they think they need to. About all Greenspam can now do is cause knee jerk reactions, or set a few things up for their school chums. -------------------- The bond rate is something to watch but lets don't forget in the last 2 mouths, 2 times for about a week it disconnected from stocks, stocks went up one time as interest rates went UP..that's not suppose to happen ! Then it turned around and went down, and stocks dipped..that too was not supposed to happen. BUT it did. --------------------- There was no sound reason behind the late kick up Thursday, at least not one any indicator could would or did show. Some how I "suspected" it might ( not the same as expected ) On top of that the Market has been flying in the face of the Futures recently..not on the open but almost always after the open or later in the day in other words it just don't follow through any were near as often as it normally would. --------------------------- Now Wall Street got exactly what it wanted with the circuit breakers ( the brokers ) I could have seen some adjustment but to revert all the way back..in the face of the newer power the program trading has, what is going to be the results. I tell you what, exactly what wall street wants, More Volatility, which means more volume which means more profits for them, but a larger "over head" or more Wall Street TAX in general for the market, and this makes it harder on the longer term investor to see his shares appreciate..Volitility has a long term negitive factor to shares, it don't show up right away..but it cost money to trade em..and the more they trade the more of that cost that gets put in them. A 5% 10% 15% would have been plenty,,no they had to go to extreams and do 10-20-30..the SEC ought to be real pround for making such an extrem change at the bequest of some of the smartest crooks the world has ever seen. And if this gets out of hand they should also be tarred and feathered. Instead of them seeking out people to put in jail I'm beggining to think we need to put them all in Jail, at least for a little while. <G> AS high as this market is, count up the money that has flowed into it, vs out of it , and ask yourself were did all the trillions go that can't be accounted for. ------------------------- Sometimes I just enjoy going to sea just so I don't have to look at all the degerate crap that's pulled by the cozy relationship between the Wall Street mob , and the U.S. government at the expence of the citizens, and their children, and their childrens, children..generations taxed before they are even born..what a system. The Romans never got this good at taxation..we have put them to shame.. ------------------------------ But what will the market do this week..ha thats a closely guarded secreat held in the hands of very few. None of the indicators are working so somebody will likely get surprised as the others pat themselves on the back..just to be fooled the next time. I know it can't be called by any anal-cyst, or TA expert.. not this week anyway. You can bet if I had any idea I would for sure try to call it..but it's just a mess of conflicting and confused indicators, yet I expect it will be a good week for well placed hedgers, and offshore funds. ------------------------------ This system has gone from crooked to out and out twisted. Jim