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S&P 500
5,864.67
(
0.40%
)
US TECH 100
19,783.20
(
0.68%
)
Dow Jones
43,275.91
(
0.09%
)
Brent Oil
72.94
(
0.00%
)
Bitcoin
68,193.77
(
-0.24%
)
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Blackbelt1

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Blackbelt1

Re: Chuck703VA post# 4082

Friday, 10/08/2004 4:10:46 PM

Friday, October 08, 2004 4:10:46 PM

Post# of 51861
Oil, inflation, and a falling dollar do matter.

Can we just say that sometimes cycles are predictable, and sometimes they are not. When they are not, we do the same thing everyone else does--wait for clear signals regarding market direction and rationalize our charts while we wait.

At the moment, the signals are mixed every which way. Period. They may clarify fast--and of course, maybe not.

If this weren't an election year, I would say we are in danger of an '87 style crack. Maybe we are anyway.

Black

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