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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: xcr600 who wrote (3949)12/3/1998 7:57:00 PM
From: RockyBalboa  Respond to of 4634
 
The funny thing was, when the European countries displayed their rate cuts upon reuters, within minutes the prices shot up about 2% measured in indices all over the continent.

But then - nothing was really bought, specific issues have been sold all the way.
In the meantime, the DJ future reversed its loss only not to open at a gap down but during market hours the index could not match it's former day high.. In ended what the DJ future signaled earlier.

IMHO not really a bullish sign.

C.