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To: ed who wrote (4594)10/8/1998 3:13:00 AM
From: Capitalist  Respond to of 21876
 
I wish it were that simple...



To: ed who wrote (4594)10/8/1998 8:05:00 AM
From: jim shiau  Read Replies (2) | Respond to of 21876
 
>Actually the down trend is almost over at this point, unless the DOW is to slip another 2000 points to 5500.

Japan down 700+ today, and European countries are down more than 3% now. NASDAQ down 340 in the last 8 days (1800-1460). Another, S&P future down 25+ now. Do you really think the down trend is over ?



To: ed who wrote (4594)10/8/1998 8:07:00 AM
From: Captain Jack  Respond to of 21876
 
ed --- you and I agree...another .25% is not enough. AG shot that gun like a 22 caliber at an elephant. In his defense most of the elephant was in the brush and trees and unseen. He thought it was a rabbit. Now that the elephant is pissed and charging the big gun needs to come out at .5% A bit of support for the dollar may be needed as the world needs to know the US is stable...