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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Bill F. who wrote (66956)10/6/1999 9:32:00 PM
From: Lucretius  Read Replies (2) of 86076
 
oh i left off the best part... (this guy is a riot... we need to sign him up for the "Comedy Deaf and Dumb Jam" -g-

Kaltbaum's optimism, a marked change from his skepticism last week, stemmed from the fact recently lagging groups such as financials, pharmaceuticals, retailers and transports rallied today, following the market's comeback yesterday afternoon.

"You can see the action," he said. "I think the advance/decline starts getting better. I think the bearish case is out of the way. The market had every chance to go bearish but held. I'm not worried about Friday's employment report, I donýt think the market cares. The most important thing is the action in stocks
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