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RE: NBC's Talking Heads



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Steve

What happened to our 1067????  There must have been too many people waiting
to jump on the short side of this market.  Are we going to have an up day
tomorrow???

You're right about who wants to listen to an old futures trader from
Detroit.   I resemble that person.  Especially the old part <g>.

Guy

> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Steve Karnish
> Sent: Thursday, September 10, 1998 2:34 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: NBC's Talking Heads
>
>
> Guy,
> You're not cynical enough...but, who wants to listen to a
> futures trader from Detroit?
> Steve Karnish
> CCT
>
> ----------
> > From: Guy Tann <grtann@xxxxxxxxxxx>
> > To: Metastock <metastock@xxxxxxxxxxxxx>
> > Subject: NBC's Talking Heads
> > Date: Thursday, September 10, 1998 12:45 PM
> >
> > 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
> >
>