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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Big Bucks who wrote (25360)	10/16/1998 12:02:00 AM
From: 16yearcycle	Read Replies (1) \| Respond to of 70976

BB, This is what I said: "that the historical record of the market after 3 fed easings is one of enormous gains over the next year." Here is what you said I said: "your contention that the markets should go up with the Fed easing" I know, I know, I am really splitting hairs, but you know why. All I am trying to do is let the innocents know what usually happens, because a bunch of you guys aren't telling them. I really didn't say it will happen, but I admit I like to go with the odds. You know: if its up, it must come down; if it's down it must go up. That sort of thing.

To: Big Bucks who wrote (25360)	10/16/1998 12:23:00 AM
From: Paul V.	Respond to of 70976

Big Bucks and All, Following is Jan's, Tom Dorsey's Intern, post on SI Point and Figure Charting site. Quite interesting. Paul V. > To: duke60 (8721 ) > From: P&F-Madness > Thursday, Oct 15 1998 8:12PM ET > Reply # of 8730 > > Market report for tonight. > > Well, y'all ain't we got some fun eeeeheeewaaaawwww. Dang me what a ride. > > The optional bullish percent reversed back up today. > > The NYSE BP had moved up over 1% yesterday and I'm sure up quite a bit today but no > confirmed numbers. It very well, extremely very well could have and I'd be surprised if it > didn't, reverse up today BUT.....you have to wait until I have the official numbers. This > would put the NYSE BP into Bull Alert again at a possibility of Bull Confirmed at 32% > > Looking at the NYSE BP chart, the last time Bull Confirmed was achieved at this low a > level, the reversal back up took the NYSE BP from 30%ish to 72% without a hic-up. Now, > we can't say that will happen again but it makes for good press. (just like CNBC-Ted David > would be so proud...) > > Check your charts tonight. I bought some good solid stocks on the first NYSE BP reversal > up and even though the indicator reversed down, they are still doing well. I labeled this toe > dipping. At this time, I will probably add to those positions on pullbacks etc. > > Have fun :-) > > Jan I am

To: Big Bucks who wrote (25360)	10/16/1998 4:45:00 AM
From: Steve Byers	Respond to of 70976

Agreed BB. a quarter of a point here signifies added liquidity and the intent to be there to help, it does not mean the saving of the world is at hand... but it could mean that it was done as a precurser to bad news on LTC and other big players may be near which could further shock and take down this market, therefore a forewarning that the fed will add liquidity in that event... taking some of the dire fear out prior... maybe, but if there are more jolts in the wind, and if fear takes the front line again, could be some healthy downdrafts.... and this is where my money is now, took half out yesterday, if the markets up today will take the remaining half off the table... just a feeling, been wrong before