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


To: Lee Lichterman III who wrote (7540)3/4/1999 9:06:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
L3: I-35 Interstate Road Kill Trading System Update this Weekend.

I will give an overview of my charts and outline Market expectations. Now with my Charts available for viewing at Monty's MDA Chart site, maybe the I-35 RKTS will make some sense...<g>

I watched CNN Moneyline tonight…Vince Farrel of Spears, Benzak, Salamon, Farrel said the following:

- Bonds looking very attractive now. Expects a rally. (Could this bring rates back down a little?)
- Tech Stocks after this pullback are looking better. Some Computer Stocks looking better with more reasonable PE's. (Gee I wonder which ones are below 100. <g>)
- It would not be good if bananas lead to a trade war. That is what started 1929 decline. US economy is in better shape than many European countries. Trade Sanctions would not be good for Europe and the negative effects on Europe would eventually work its way back to US.

Note: All of the above comments have been paraphrased very poorly I might add by me. And, all comments in brackets are my own. <g>

In addition: I have been experiencing slow or non-access to SI today at times. Anyone else having the same problems?

BWDIK as always
Regards,
LG




To: Lee Lichterman III who wrote (7540)3/5/1999 8:42:00 AM
From: Lee Lichterman III  Read Replies (3) | Respond to of 99985
 
From Briefing.com Employment numbers
February Employment: February non-farm payroll rose 275,000 and the unemployment rate rose 0.1% to 4.4%; numbers are in line with expectations, but should bode well for the bond market nonetheless, helping stocks.....

I thought they were looking for 245K, not sure how much it could be over before it would start the bond down.

Lee