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[Fwd: Monday might be a hell of a down day.]



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Message-ID: <344AB1B7.47031391@xxxxxxxxxxxx>
Date: Sun, 19 Oct 1997 20:19:52 -0500
From: Robert Doeden <bdoeden@xxxxxxxxxxxx>
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Organization: MindSpring Enterprises, Inc
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To: michael.arnoldi@xxxxxxxx
Subject: Re: Monday might be a hell of a down day.
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My gut tells me that Monday might be a day to buy a couple of S&P futures
contracts for a short term trade.

Bob Doeden
Chicago
=====================================================
michael.arnoldi@xxxxxxxx wrote:

>  As far as the large cap correction - it isn't over yet. Big Blue comes
> out this week with earnings. So do a couple of others. Earnings &
> earnings outlook suck.
> Harley Meyer writes.
>
> **************************************************
>
> note: the advance / decline line broke down below a long term trend line
> on friday and on 10/10/97 the 5 day trin  indicator issued a sell.
>
> i think that Harley Meyer is correct with the above statement.
>
> mike