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


To: bobby beara who wrote (36160)1/7/1999 8:38:00 PM
From: Vitas  Read Replies (2) | Respond to of 94695
 
beara, what do you think of the a-d down trendline from April
repelling the rally today?

Vitas



To: bobby beara who wrote (36160)1/7/1999 10:13:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
Bobby I noticed the same. More interesting is the fact that SE Asia excluding Japan are stabilizing the dollar is moving lower and therefore the commodities are moving up.

The direct result of all this will be that the FED will not be able to lower rates. If the dollar will weaken further the inflation fear will re-appear and all the nutz will collapse.

This in turn will pull the market down and the US economy.

Now for all those smiling just calculate the helium nutz capitalization. I bet it is not small change.

BWDIK
Haim