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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (80)12/3/1998 7:10:00 AM
From: Ditchdigger  Read Replies (3) | Respond to of 99985
 
Anyone notice in the last 3 days, German DAX -9%,French CAC -8%, and the UK FTSE -6%...Are we being forewarned of a US market decline? Food for thought.IMO,US markets shouldn't be diverging so drastically from other major European markets(and Asian)-we are not isolated.DD
PS: Brazil having big problems,Japan in a depression,global economies slowing-some going negative growth..where's the beef? What are the fundamental reasons our markets should go higher..PE's are already stratospheric..How far out is everyone looking? We are slowing,layoffs
are a warning ,IMO..Ask around Washington state,what the effects of the last big BA layoffs were....devastating...



To: William H Huebl who wrote (80)12/3/1998 7:14:00 AM
From: Moominoid  Read Replies (1) | Respond to of 99985
 
The 5 min chart shows a breakdown in a H&S and thus we may test 1150 before coming back.

That would be just the start. This is potentially highly serious.

David