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

To: Nemer who wrote (17700)	3/5/1999 9:22:00 AM
From: peter n matzke	Respond to of 44573

Hi Nemer, i think that somewhere in the next 6 trading days we will see 1220 or lower and i will be using real money. Our stock market has not had much in common with SE Asia, for several years, whats a bounce of 5% when they have been down 200%

To: Nemer who wrote (17700)	3/5/1999 9:33:00 AM
From: donald sew	Read Replies (1) \| Respond to of 44573

Nemer, I agree that this could just be a knee jerk reaction, especially if 9600-9650 range holds and the market internals do not improve dramatically and immediately, otherwise we are still in a trading range. The NEW LOWs have been significantly higher than the NEW HIGHs recently, but if the NEW HIGHs can out number the NEW LOWs, this market could go higher. Without improval in the market internals, I feel that the bubble is just getting larger. So, I havent turned bullish for the longer term but will if the market internals improve significantly. Seeya