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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Stoctrash who wrote (5079)10/1/1998 12:52:00 PM
From: Stoctrash  Read Replies (1) | Respond to of 44573
 
***Carp's update****
Sez things are "wild"...and normally doesn't wait this long to do next months forecast but given the conditions, he want to see how today and tomorrow play out.

He sez:
We have some other lows hitting around the 9th. He expects a bounce at a test of 7400..but will likely not get the bounce like the last trip down. Late OCTOBER should be some sort of rolling/sideways top, with "nasty, nasty stuff going down into the 19th-20th of NOVEMBER" If you've got some gonads you could play a few day rally off of this low or even some decent rally into year end.

His big picture is still fairly negative...even for most of 1999.