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


To: Lee Lichterman III who wrote (10608)4/12/1999 2:14:00 AM
From: nicewatch  Respond to of 99985
 
Hi Lee,

I don't think there will be a BK, BWDIK... certainly there could be a steep correction... but no BK... not this year... or rather at least not this half of the year. <g> I have nothing to base this on other than a gut feel and the observation of seeing liquidity in this market.

I guess tomorrow will tell but who knows.

looks to be down big already... cme.com
I just wonder if it will recover any by the morning and, moreover, if it will turn out to be an AM dip to buy, like so many times in the past. If not, then tomorrow (and friday) will certainly have been a change in trend... at least short term.... which would agree with the tea leaves I've been looking at.

So are beans still easier than SPOOs? <gg>

Absolutely!!! :) at least for the past two months <g> Talk to you later, take care

Regards,

Frank