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

To: Jimsy who wrote (24115)5/24/1999 1:34:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 44573
 
Thanks for the ND and bank information...

I saw the banking stuff, but didn't believe that was the cause, But you might be correct. Japan may well be a bankrupt nation....doing everything it can to gain some wiggle room. How that effects currencies and monetary equilibrium is not entirely known. I also put the Y2K problem into the unknown category.

Also there's some buying coming back in from the after lunch crowd....Good Call

I picked out a long from my signals at 12:25 at 1311 cash.
Lets see what happens to it?
Chip



To: Jimsy who wrote (24115)5/24/1999 2:06:00 PM
From: Jimsy  Respond to of 44573
 
Chip - 4 banks were Citigroup, Chase, JPM, Bank1.
Due to Y2K
High capital markets
Efficiency
Pockets of weakness
Just heard interview on CNBC.

Tomorrow they will probably upgrade them for some other reason!

We don't have much of a comeback getting organized yet, and may not because of the above, someone else put a sell on Internet stocks, so these 2 recs setting the mood would suspect.


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