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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (5957)	10/8/1998 4:12:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 44573

Don this market has hit 7450-7500 3-4 -5 times...it has amazed me that it held... all in all i know the future is negative for corp earnings... but yes, a short covering rally could ensue... why do you think I closed out my 20 contracts????<ggggggg>>>> my system is working good.......:>}

To: donald sew who wrote (5957)	10/8/1998 4:27:00 PM
From: Kenneth R Miller	Respond to of 44573

Don... I notice a lot of our cyber friends have jumped in thinking the market has reached bottom.. I don't believe a market can reach bottom until the bad news stops.. World economy is not that great and I don't see any solutions in place yet from any of the world leaders.. even that sweet little AJC from Goldman is saying 99 is going to be flat and a recession is looming.. that's just the first step to a depression.. I'm sitting out just to play it safe... Thanks for all those great posts... Ken