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

To: Lee Lichterman III who wrote (8249)3/16/1999 8:02:00 AM
From: Zeev Hed  Read Replies (3) | Respond to of 99985
 
Lee, actually, what you are describing, laguard sectors (oil and transports) getting into rallying mode, is characteristic of the ending of a bull run, at least short term. The leadership that brought the market so far is weakening, and I do not think that commodities are ready to start a new run. The CRB is still in a down trend and I would rather not comment on gold..., the gold bugs are now blaming the low prices on a massive conspiracy (to make money) of the CB and everyone else to keep gold down.

Zeev



To: Lee Lichterman III who wrote (8249)3/16/1999 11:02:00 AM
From: Monty Lenard  Respond to of 99985
 
I wonder the same things you wonder and I am keeping my hands in my pockets right now. When I don't know what to do, I do nothing. I like the interest income. <g>

Monty

PS Just now checked my mail and I have the charts. Will put them up in a few minutes.


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