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


To: James F. Hopkins who wrote (22096)7/22/1998 7:51:00 PM
From: Nemer  Read Replies (2) | Respond to of 94695
 
Jim:

I'm really not picking upon you ---

I realize that this is the unofficial bear thread in spite of Bill maintaining that it is a "pickem as the market moves in that direction" thread ......

I'm just sitting down to the computer after being out of touch with the market for most of the afternoon, what with doing the chores that I was instructed to perform by the official head of the household.

you just posted ----
-------->BUT in spite of this the NIFTY FIFTY are UP..so I expect we are putting in a bottom.

earlier today I posted this to the VooDooQueen ----

exchange2000.com

You and I on the same page ----- uh oh ---
Caution - Caution - Caution
and the warning flags should be on the mast ------

what is the signal flag for Caution ?
---- red over white rectangle with a white pointed end to the flag .... ggggg

Regards ---- Nemer



To: James F. Hopkins who wrote (22096)7/23/1998 12:59:00 PM
From: yard_man  Read Replies (2) | Respond to of 94695
 
>>I hate to say it but it looks like it might be
a tad crooked.<<

Oh that conspiracy stuff again. <VBG>

About a month ago, Jim, there was a very strong and sudden gap that happened in the NAZ. I thought to myself -- man what is going on with that?

Well it turned out that one of the components of the NAZ had split and whoever was calculating the index had erred. Think about it -- this sudden change in direction in the index probably cost traders lots because they acted on it or had program buys and sells which went off in response.

You bet there is manipulation going on.