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


To: bobby beara who wrote (7219)2/28/1999 11:50:00 PM
From: Gersh Avery  Read Replies (2) | Respond to of 99985
 
Hi bobby ..

Globex is being deceptive again tonight:

3/1 open Globex triggers:

buy programs 759 (1243.09) or higher
sell programs 269 (1238.19) or lower

Note globex can be nice and positive at the open and still be in sell program area..

Prem values for the day:

buy 4.76 fair value 2.35 sell -.14 programtrading.com

Gersh



To: bobby beara who wrote (7219)2/28/1999 11:51:00 PM
From: epicure  Read Replies (1) | Respond to of 99985
 
Hi Bobby,
I tend to agree with you about the risk in the market right now, but what do you think about the drillers and other out of favor stocks? Money will be lost on paper if we see instability in the tech stocks- but will we also see a rotation of some of the money that is left to those sectors with outstanding PE's and long term growth potential?



To: bobby beara who wrote (7219)3/1/1999 8:49:00 AM
From: Moominoid  Read Replies (2) | Respond to of 99985
 
The next bull markets will be in commodities

That's good to hear as I bought into a global resources equity fund at the end of last week. I figured when everyone was bearish on commodities including the CEOs of Rio Tinto and BHP was the time to buy.

David