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I don't disagree with the signals but ... the resilience of the equities
market in the face of a 1.2% rate rise since October and nearly .75% rate
rise in past couple of months has been absolutely amazing. I would not want
to be short such a market until it clearly demonstrates that has given up
the ghost.
Earl
----- Original Message -----
From: <Proffittak@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Sent: Wednesday, May 19, 1999 9:43 AM
Subject: sp500
> good afternoon all
>
> McClullen osc is already under ziro
> my short term indicators are on a sell
> only need 400 million more down vol then up vol to trger the
intrmidiate
> term sell
>
> will use 1-2% rally to sell my 401K my ira and any long stocks
> not a trading recomendation
> just my view
> happy trading
> Ben
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