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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (16948)10/26/1998 10:29:00 AM
From: James Strauss  Read Replies (2) | Respond to of 42787
 
Favors Out Of Favor??...

Dennis:

Thanks for keeping us informed on Jerry Favors market thoughts... He's been pretty accurate recently... Now, he appears to be locked in his forest of indicators without seeing the Rate Cut and New Lows improvement trees... While we may see some dips, the worst appears to be over as far as the general market is concerned... Greenspan and Co. will do whatever they have to do to give the appearance of market liquidity... As such, the general trend of the market will be up after we get through this current dip period that will take the McClellan Oscillator towards a "0" reading... Then the market moves up...

Jim