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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (25322)1/6/1998 4:33:00 PM
From: geewiz  Read Replies (1) of 132070
 
Mike,

welcome back from vacation! We all missed your market comments!

Here we are on the third trading day of 98 and the bulls can't even muster a rally?? I get the NAZ just below the 50 DMA, I know you don't pay any attention to that TA garbage, but a lot of us have been suspicious that the S&P and NAZ were being held up by futures buying to close the year out positive; the only such case reported was on the London exchange; think it's conspiracy paranoia? Many eveings the Globex will be down big, only to rally up at NY opening.

thanks, art
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