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

To: Philipp who wrote (30851)	10/8/1998 12:03:00 PM
From: Eric Maggard	Respond to of 94695

Will Dow 7500 fall today.. Yes, it just did. Now look for 7400. See how it goes there. Eric

To: Philipp who wrote (30851)	10/8/1998 12:14:00 PM
From: bearshark	Read Replies (1) \| Respond to of 94695

Philipp: It looks like the DJI has joined the market. Eventually the entire ship sinks no matter how high people can get on it. Over the last several months, there has been a mid-day (approx. 1:30 ET) against the trend move. My guess, if there is one today, it will be no higher than about -80 on the DJI. From 2:30 on, as you say, is when the real scurrying will begin. All of this could be wrong but it appears that pure emotion is at play now. It is the easiest thing to understand and anticipate. I have one concern that I cannot figure out. There is a striking difference between the rates on the 13-week note and the 30-year bond. In fact, they are moving in the opposite directions. I cannot understand this at this point.