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Strategies & Market Trends : Can you beat 50% per month?

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To: ajax99 who wrote (6344)9/24/2003 7:45:55 PM
From: Smiling Bob  Read Replies (1) of 19256
 
I haven't been too sharp with the DOW moves lately. Maybe it's Yahoo's new charts. I really didn't expect such a negative reaction -without any late day buying- to what seemed nothing more than a canned OPEC announcement. They are rarely adhered to anyway.
Surely, this whole mkt rise wasn't based on gasoline being $1.50 a gallon vs $2.
Oil was an excuse to sell the mkt today.
Tomorrow they'll say it's a reason to buy.
150 points down is significant and the mkt needs a blow-off.
Possibly see another 50-75 down in am, with further deterioration to delayed revisit to 9300 sometime late day or early Friday. Not sure what economic news is on tap. Computer has been frustratingly slow today
Well, there is something about a broken clock being right twice a day
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