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

To: Lucretius who wrote (232)12/3/1998 9:08:00 PM
From: Giordano Bruno  Respond to of 99985
 
market direction is DOWN. Mr. Crash could appear on Mon if Brazil devalues over the weekend (and that looks to be what is being telegraphed).

My sentiments too if the IMF Brazil romance dissolves.
Of course we can always cut rates further and further.
Follow the Japanese model.



To: Lucretius who wrote (232)12/4/1998 1:57:00 AM
From: Jay8088  Respond to of 99985
 
Well, after AG jammed the market up ( via 'plunge protection team') mid October, I am gun shy to call 5000. But I am a game for 7000 sooner than people expect. Yes, put/call ratio is pretty telling of general complacency. And dollar is clearly breaking down.


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