My EM to members last night ..
Subj: IEI Date: 9/8/98 11:13:58 PM Eastern Daylight Time From: TokyoJoe@mail.com (Tokyo Joe) Reply-to: TokyoJoe@mail.com (Tokyo Joe) To: tokyoJoe@mail.com
Inordinate Exeburance Index,, can swing both ways ,, and in spite of this euphoria,, I feel ,, we will test below 7600 agin ,, there are still too many uncertainties out there,, as mentioned many times...
Already a profit taking is happening in Asia ,, Japan down 82 .. Hong Kong down 41 ,,Korea down .37%
We will see same in Europe and US tomorrow ,, selling into buying,,
One of this drops will be the last chance really to get hold of good stocks ,,such as SEEk, ATHM ,, CMGI ,, PFE,, CCI ,, AGPH ,, etc .. please make a shopping list ,, for that posterity ,, IRA stuff as well as trading stuff...
7400 is certain ,, whether below that will depends on Russia, Latin America, Japan and American presidency ,, we do know that we have Fed's intervention ,,some where between 6900 and 7200 ,,
Trade well and make that dollar.. long or short .. |