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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: ViperChick Secret Agent 006.9 who wrote (15533)	2/15/1999 5:47:00 PM
From: peter n matzke	Read Replies (2) \| Respond to of 44573

HI Viper Chick Secret Agent, thanks for the smooch a belated valentines present for you. if the market is going down it will do it right away on tuesday, otherwise the original projection of an up week is intact. the sell off on friday was greater than it should have been, but i wasn't expecting the huge buy program near the close on thursday either, so maybe they are just canceling each other out. the tale of the tape on tuesday should indicate the direction. there are a lot of positive forces for the market due to options expiration and some cyclical patterns. i think it is quite possible that there will be a bounce before the impact of the bond market applies pressure on the stock market. (obviously not my most convincing argument)