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


To: Joss who wrote (28681)9/23/1998 5:58:00 PM
From: Copeland  Read Replies (2) | Respond to of 94695
 
According to some TA analysts, we're scheduled to make that trip back to the lows at 8300. Whether or not you're a fan of TA or not, a lot of people use it, and as a result, that drop might be a self-fulfilled prophecy.

If Greenspan and company decide to not drop interest rates, this drop,
if it does happen at 8300, will be far more severe than we will think.