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Don't watch them. Just clouds the mind...
Sean
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Guy Tann
> Sent: Thursday, September 10, 1998 3:45 PM
> To: Metastock
> Subject: NBC's Talking Heads
>
>
> I was watching and listening to the NBC Financial channel today.
> Let's see
> if I understand one of their resident geniuses. Since the low on
> Sept.1, we
> have had higher highs and higher lows. This is a bullish pattern
> and looks
> like we'll keep moving up. That's unless we break that pattern.
> Then that
> wouldn't be good. With the market down (at that time) 250 points we still
> hadn't broken that last 'higher low' he was referring to.
>
> Now let's see if I understand him correctly. Asia is in a depression.
> Russia has collapsed, financially. Central and South America are in
> trouble. Mexico just raised their interest rates from 20% to
> 40%. European
> markets are exposed to this turmoil. Gee, that sounds bullish <g>. Oh
> yeah, Starr delivered his report to Congress yesterday. I'm sure that's
> going to exonerate the President. Nothing like stirring the pot a little
> and adding to the turmoil.
>
> Wait, I see a bright light. 10 year bonds have just dropped below 5% in
> rates. That must be the reason we're in such a bull move. Of course,
> flight to safety doesn't mean anything to him. The fact that
> Europeans are
> quietly dumping their equity holdings in the US on every rally
> doesn't mean
> anything to him either.
>
> There are days when I wonder why I just don't turn off the sound and watch
> the ticker <G>.
>
> I wonder if the American public understands that these turkeys
> are there to
> get you to buy equities? Or am I just too cynical?
>
> Guy
>
>
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