|
PureBytes Links
Trading Reference Links
|
Ben,
This is not too far off of what I have predicted over the next few months
but I still allow for surprises. The divergence that is showing on a
momentum chart of the Monthly Dow gives me pause along with a few other
blips of trouble. You can see this at this address,
http://www.the-privateer.com/chart/dow-long.html. My short term indicators
say that a rally has already begun so we shall see.
Best Regards,
Brent
----------
> From: Proffittak@xxxxxxx
> To: brente@xxxxxxxxxxxx
> Cc: realtraders@xxxxxxxxxxxxxx
> Subject: Re: Fw: MKT - The "Big Picture"/deflation/rearnings
> Date: Sunday, June 14, 1998 3:28 PM
>
> hi
>
>
> As you can see in this barrons .in the market lab all commodity
> indexes
> year over today are 6-56% lower in prices
> if clogate palmolive, j&j coke amer brands have to pay less for raw
> material
> that will show in the bottom line in better earninngs for sp500
> i see 3Rd Q at 7-21% increase in earnings
> i see dow 9600-1000 10-22-98 or so
>
> this correction has about 3-5 % to go
>
> regards
> Ben
>
|