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


To: dennis michael patterson who wrote (13453)5/10/1999 6:11:00 PM
From: The Perfect Hedge  Read Replies (1) | Respond to of 99985
 
Dennis-
Did you buy anything today?What are you looking at to trade this week?

GD



To: dennis michael patterson who wrote (13453)5/10/1999 6:37:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 99985
 
Dennis und wer ist Martin Amstrong?? for the uninformed.

Would suggest to revisit the 1987 scenario were interest rates moved up and the market moved up in tandem as a new era emerged <GGG> and then came October 19, 1987.

Haim



To: dennis michael patterson who wrote (13453)5/10/1999 7:02:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
Dennis, i can attest to one thing: european funds have started '99 very underweight u.s. equities and according to my broker friend in vienna they are now in the process of changing that, fearing they may miss out on even more gains. in fact i suspect that today's strength in AOL may have been partly due to european buying. it is quite common for european institutional investors to join the party at a late stage - they usually provide the fuel for a last run-up; they did so in '87 and again in the summer of last year. i suspect they may give a hand in a potential blow-off this time, most likely to be followed by a major hangover. is Martin Armstrong not the guy who was calling for a top on april 8 or 9? the dow will one day reach 20,000.
i can believe that, but did he specify when exactly? in one year? twenty years?

regards,

hb