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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 (37606)2/22/1999 9:13:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 94695
 
Bill: natgas utilities bounced hard off an oversold condition today, kinda like a "buy" sign was turned on for the utility index.



To: William H Huebl who wrote (37606)2/22/1999 9:38:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 94695
 
Bill, today's rally only proves that in this market neither TA or FA counts.

It is a clear liquidity driven market even at those levels.That is why I am following the AMG money flow and unemployment data. High employment = high markets. Until the labor market will start to soften we will be at those lofty levels. Just ignore everything else <GGG>

The music will stop more sudden and unpredicted than we can imagine

J6P rules the markets.

BWDIK
Haim