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


To: bearshark who wrote (30550)10/7/1998 8:43:00 AM
From: Bull RidaH  Read Replies (3) | Respond to of 94695
 
Bear,

<<The West Germans will be in Washington on this Friday. They and Clinton could scare some bears.>>

In the meantime, the bears could and should rule, and we MAY see 910 SPX area by Friday. I agree that a powerful 2 day rally could ensue from there, rallying back up to 950-970.

Historic collapse going on in the dollar right now. Foreigners stand to get slaughtered in all U.S. markets. How can the U.S. Stock market hold up in the face of this. The dollar collapsed before the '87 crash... Yes?

Regards,

David