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Strategies & Market Trends : Sharck Soup

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To: besttrader who wrote (24634)	5/23/2001 5:45:47 PM
From: Rambi	Read Replies (1) of 37746

Globex is only showing naz down a bit... From QCom's closing comments,for what it's worth- my bold at end because I am stuck with some calls and want to believe at least long enough to get out.. Stocks finished at lows of the day under pressure from profit taking and a void of information to keep the rally going. Also weighing on the market was the turmoil on capitol hill surrounding the shift from Republican to Democrats by one Senator, upsetting the balance of power in the Senate. Hardest hit were sectors that made the biggest gains over the last few sessions. Still, indications point to bullish sentiment among traders, and losses posted today are not significant compared to gains made in the last few sessions. Some analysts predict the market doldrums may continue through the next several sessions, or even the coming weeks, but soon we'll again see the running of the bulls.

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