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


To: Haim R. Branisteanu who wrote (18790)5/20/1998 10:12:00 AM
From: Simon  Read Replies (2) | Respond to of 94695
 
Are all quote systems out because of the satellite failure???
Must have been a hell of a satellite!!!!



To: Haim R. Branisteanu who wrote (18790)5/20/1998 10:14:00 AM
From: Vitas  Respond to of 94695
 
That would have not much to do with one day at a time.

Or in this market, 2-3 days at a time.

Vitas



To: Haim R. Branisteanu who wrote (18790)5/20/1998 9:15:00 PM
From: Vitas  Read Replies (3) | Respond to of 94695
 
Haim, the Almanac also says:

"The absence of the Memorial Day week rally in 1996 can be attributed to the threat of rising interest rates and the the market's short term top after a 1000-point move over the previous seven months. In 1997, a 1000-point surge in six weeks paused during the Holiday week before resuming its climb in June."

It also says:

"It's always dangerous to publicize a favorable seasonal pattern.
A pattern that has been in effect for a long time is bound to attract a multitude of traders, who will obviously want to take advantage of
this bullish phenomenon"

I wonder what he means by THAT!

Vitas