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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (21921)10/8/1998 6:52:00 AM
From: ChrisJP  Respond to of 79270
 
Looks like we are setting up for capitulation. Greenspan finally used the "R" word. I wouldn't count on a major rebound this morning. However, once the earnings season dust has settled, maybe we will start edging back up -- bad news already factored into prices, etc.

The silver lining: We probably won't have to endure too much tax loss selling in Dec.

Did I mention that I moved my 401K funds into cash back in March - July ?

Did I mention that in the past 6 months NONE of my small cap stock picks have worked out (except those I bought and sold within a few hours) ?

Good luck everyone.

Regards,
Chris