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


To: donald sew who wrote (33502)11/11/1998 8:59:00 AM
From: bearshark  Read Replies (1) | Respond to of 94695
 
Don: The TRAN chart says we will have an answer shortly.



To: donald sew who wrote (33502)11/11/1998 9:17:00 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
Don,

The NIKKEI has been in a bear market for years, coming all the way down from about 42,000 to where it is today. Meanwhile, the U.S. equity markets have been moving higher for thousands of DOW points simultaneously all that time. How can you imply that possible eminent weakness or a retest of recent lows of the Japanese market today or tomorrow will have any real effect on the domestic markets now? The two are not even closely correlated.

GZ