wher is the spi traders, page-23

1984

playing that one as it comes. i don't think there's any doubt that us, asia and europe will be significantly down on monday, but for the rest of the week, who knows.

we'll no doubt see some kind of bounce, but where that occurs and how significant it is remains to be seen.

at this stage, i'm doubtful of a good bounce on the dow on monday night. the april/may euphoria is now gone, there's no doubt about that. the bond yeild rising is making the M&A activity hesitate. a correction of 5-10 percent is definitely due. dunno when it'll happen.