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STKS:Market Direction



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>Date: Sat, 08 Nov 1997 04:35:40 -0800
>Reply-To: w.murray@xxxxxxxxxxx
>Sender: owner-realtraders@xxxxxxxxxxxxxx
>From: "w.murray" <w.murray@xxxxxxxxxxx>
>To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>Subject: STKS:Market Direction
>MIME-version: 1.0
>X-To: "<"<realtraders@xxxxxxxxxxxxxx>
>X-MSMail-Priority: Normal
>X-Priority: 3
>
>Please share your thoughts on the market direction next week starting with
>the opening on Monday. I believe with the Asian and South American
>financial meltdown,the crisis with IRAQ, the bad employment numbers which
>could lead the FED Tuesday to raise rates, all lead to a BAD week for
>stocks. Monday will open with a BIG gap down and the market will slide from
>there with the FED shocking everyone with a rate raise Tuesday leading to a
>massive selloff.The Asian meldown will worsen and military action will be
>taken with IRAQ all adding to the BEARISH market. Please share your
>thoughts for all to review prior to Monday's opening. Thanks
>

I like the "screw theory". SInce most people are expecting the market to go
down. my vote is UP!