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To: Trey McAtee who wrote (54525)10/1/1998 2:52:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (2) | Respond to of 58727
 
go catch the convo today on Welcome to SI thread and you will see why he took it off

hey Barney Frank is rude to him...but I guess that is a one way street....

+Beeblebrox (16181 )
From: +dennis michael patterson
Thursday, Oct 1 1998 2:43PM ET
Reply # of 16183

I just got his on email:

Jerry Favors Analysis - Thursday, October 1, 1998 2:30 p.m.

At the lows today the Dow has been down over 200
points.Our 5-Hour RSI reached a low of 8 today. Whenever it
falls down into the single digits you are normally near some
sort of at least short term low. Any rally above 7705.13 will
suggest some further bounce or rally attempt but only as long
as the Dow subsequently holds above the prior print low for
the day. Short term traders we had hoped for some sort of
bounce which would allow us to get short with a reasonably
tight stop. So far at least that bounce has not occured.
However we believe it will occur soon even if the Dow sells
off to new lows first.
Stock traders and mutual fund switchers should be 50%
short,in line with last evening's instructions. The Dow could
bounce strongly at almost anytime,especially in the last
hour,but stock traders and mutual fund switchers hold
positions. Any rally should relative brief,that is no more
than a couple of days before we break down again to lower
lows.

Gotta go.......



To: Trey McAtee who wrote (54525)10/1/1998 2:53:00 PM
From: HairBall  Read Replies (1) | Respond to of 58727
 
Trey: C-Span - Patrick Kennedy was speaking, of course supporting the President. Made me think...hhmmm...he is the grandson of a Gangster...Joe "bootleg" Kennedy! Maybe someday we will see a Patrick Snop Doggie Dog in Congress...<g>

Regards,
LG