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


To: Tom M who wrote (20553)6/17/1998 11:43:00 AM
From: P.T.Burnem  Respond to of 94695
 
CNN headline is announcing the index progress like every 5 minutes.

More evidence that the ongoing attack on the dollar is politically motivated.



To: Tom M who wrote (20553)6/17/1998 12:23:00 PM
From: James F. Hopkins  Respond to of 94695
 
Tom; I still see resistance at 1120,
exchange2000.com
if we don't take it out then it's back down.
And maybe harder and faster than getting there,
The FED just sold us out, it may take a bit but
you can't get ahead in the long trun by kill your own currency.
Only a few insiders will reap the rewards of that, at the
expence of all raw materals going up.
BTW while every one is so focused on the rise of the DOW,
look at the SOXX...and also the GOLD index AUX is up over
3% , which is more than any other index this morning.
And I have some gold stocks that I didn't sell . :-)
WE better take out 1120 on the S&P or some body is going to
get hurt jumping in this rally.
Jim