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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Tom Trader who wrote (630)5/14/1998 10:16:00 AM
From: Jerry Olson  Respond to of 44573
 
TT A lot of technical guys are saying crash city...Dorsey is very cautious now...i think we will wait till after AG on the 19th...

I can't imagine him raising rates...BUT if he does...my prediction would be 1500-2000 point decline from these levels...however i can not see that happening...Asia weakness is too great right now.. and is begining to affect our numbers...esp. in the next 2 Quarters...

The techs are not out of the woods yet...i own none...

BTW a lot of sectors have just gone negative on Dorsey...a lot!!!

be careful with your longs that are profitable...