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To: donald sew who wrote (55750)	10/18/1998 3:35:00 PM
From: James Strauss	Respond to of 58727

Don: Nobody ever said it was going to be easy to get a handle on market movement... : > But Earnings, Interest Rates, Adv/Dec, and New Highs/New Lows help us read the Tea Leaves... Oh... I almost forgot... There's the McClellan Oscillators, Worldwide economic and political conditions, and Greenspan's disposition... : > Fun, isn't it... : > Oh, wait... There's the Superbowl Indicator... The Hemline indicator... And the conjunction between Mars and Jupiter... ; > Jim

To: donald sew who wrote (55750)	10/18/1998 5:48:00 PM
From: powershred	Respond to of 58727

Don...it troubles me that the rates were cut twice in a very short time span. While I am new in following the US markets, I do not recall something like this happening in the last eight years. What bugs me is how the cuts were made..one after the other (not to mention option expiry, when the bond/futures were closed)...what does he know that we do not? While the bulls are rejoicing for a reversal, when I ask myself "what has changed?"..I could not find a great answer. Asia will take time to heal..so will Russia, Japan will take its sweet time sorting things out and it does not look like the earnings coming up are going to be any great comfort....am I missing something? By way, ignore the barbs coming to you and do not even bother responding to them. I am sure a lot of fellow threaders will tell you that your views are always appreciated (It takes a kid to say I told you so, takes a man to stick their head out day in and day out). Good luck this week..its going to be interesting. Regards.