Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: HairBall who wrote (15062)	5/27/1999 10:48:00 AM
From: Les H	Read Replies (1) \| Respond to of 99985

There's a scathing article about Clinton's Foreign Policy at stratfor.com

To: HairBall who wrote (15062)	5/27/1999 11:00:00 AM
From: j.o.	Respond to of 99985

LG - I hear you! Slick Willy does not inspire confidence when the going gets rough... But I think that this all fits a 5-Wave downmove very nicely. I am looking at an hourly chart of the SPX, and we are now in the "B" of a fourth wave A-B-C. We will likely churn sideways to higher from here - possibly through the long-weekend close. Then we will begin the 5th wave fall, which should take us down 55 points at least from the high of this wave 4. So if we top out at 1320 (my maximum target, as it's the bottom of wave 1), then we are looking for 1265 on the downside. This would be the minimum target, and it could well run as far as 72 points (length of wave 3). So maybe as low as 1250 before we see some corrective action. bb - would like to know your thoughts on this as well. Thanks, j.o.

To: HairBall who wrote (15062)	5/27/1999 11:00:00 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 99985

From Chernomidrin article at washingtonpost.com Further, it will no longer be possible to thwart the proliferation of missiles and nuclear arms – another negative consequence of NATO's policy. Even the smallest of independent states will seek nuclear weapons and delivery vehicles to defend themselves after they see NATO's military machine in action. The danger of global instability looms, with more new wars and more victims. More bombing makes it pointless to plan a return of refugees. What will they come back to – homes in debris, without electricity or water? Where will they find jobs, with half of all factories in ruins and the other half doomed to be bombed in due course? It is time for NATO countries to realize that more air raids will lead to a dead end. No fewer than half of the refugees are not eager to leave a prosperous Europe to return to a devastated Kosovo to live side by side with war-embittered Serbs. Of this, I am sure. Clearly, every hundred Kosovars will have to be indefinitely protected by one or two soldiers; that is how NATO's presence in Yugoslavia will become permanent. Also, sooner or later NATO will be expected by the world community to pay Yugoslavia for damages, to compensate the bereaved families of innocent victims and to punish pilots who bombed civilians and their commanders who issued criminal orders. Thus, the bloc is headed for a Pyrrhic victory, whether the conflict ends with the Serbs capitulating or in an invasion of Yugoslavia. The campaign will not achieve its main goals. Not all refugees will come back to Kosovo, which will remain in some form under Yugoslav jurisdiction, and many billions of dollars will be spent rebuilding the country from the ruins. Now, a few words about the ethnic Albanian paramilitaries. They are essentially terrorist organizations. Of this, Russia is sure. They are making money chiefly from drug trafficking, with an annual turnover of $3 billion. As it maintains close contact with these paramilitaries and modernizes their weaponry, the West – directly or indirectly – encourages the emergence of a major new drug trafficking center in that part of the world. It also encourages the paramilitaries to extend their influence to neighboring countries. The Greater Albania motto may soon start to take hold. This will mean more bloodshed, more wars and more redrawings of borders. The world has never in this decade been so close as now to the brink of nuclear war. I appeal to NATO leaders to show the courage to suspend the air raids, which would be the only correct move. It is impossible to talk peace with bombs falling. This is clear now. So I deem it necessary to say that, unless the raids stop soon, I shall advise Russia's president to suspend Russian participation in the negotiating process, put an end to all military-technological cooperation with the United States and and Western Europe, put off the ratification of START II and use Russia's veto as the United Nations debates a resolution on Yugoslavia. On this, we shall find understanding from great powers such as China and India. Of this, I am sure. ____________________________________________________ I wonder if this guy has any credibility - gee why they do not pay their debts <ggg>

To: HairBall who wrote (15062)	5/27/1999 11:11:00 AM
From: pater tenebrarum	Read Replies (3) \| Respond to of 99985

LG, india and pakistan may turn out to be the 'unforseeable event' that trips up the market...the world definitely is in no need of yet another flashpoint. of course, other dangers still lurk in the background. the most important, and recently not much talked about, is japan and it's moribund economy. we have yet to see the nadir in the japan saga imo. a wave of high-profile bankruptcies and a final bear market low in the nikkei (kind of like a blow-off in reverse) are needed to provide a wake-up call in japan. we'll see what happens, but i believe that japan will be back in the headlines before long. regards, hb