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


To: William H Huebl who wrote (36678)1/23/1999 10:11:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
HI Bill; You likely told me what SCY is but my old brain done
lost it. Spam drained liquid yesterday, and that can take a day
or two to kick in, both WED and THUR they expected him to add
liquid ; he didn't ; the last time he drained was on the 8th,
it was the 11th when the effect hit the market , the cost of
short term money goes up when he drains liquid, some times
it takes a few days. I can't support my conculsion but I'm
betting on the market is over margined right now.
I tend to think they tryed to checked that buy putting pressure on
the brokers to up requiments in the internuts. They may think it
worked..but what about them who just went used their credit cards
to get the cash, we don't know how many, neither does G.Spam
But to heck with that what is SCY,? and please put it in a way a
dumb ass like me can understand.
Jim



To: William H Huebl who wrote (36678)1/23/1999 1:18:00 PM
From: Barbara Barry  Read Replies (3) | Respond to of 94695
 
Bill,
Well what do you know...Abbey picked 9850 for the high and I picked 9800!gggg. I think we will bottom soon and I even looked at some calls but boy are they expensive!I lightened up on stocks for the weekend.Unless China shocks the world we should head higher and the dipsters can keep any BK at bay until maybe March or April,IMHO.More good earnings my stimulate some buying and that makes me pause and wonder after all the Feb numbers are out,what will force the market higher???On second thought your Feb target may make more sense than mine.This wx is as screwy as the markets....below 0 one week then 70 yesterday!
Regards,
BB