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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (10034)12/17/1999 11:06:00 AM
From: John Pitera  Read Replies (1) of 63513
 
GrandMaster T thanks, as I have mentioned, I think that the market has a free ride to go up all it wants in Dec....because of it being a Y2K Dec.

Firms are even reluctant to bring the excess premium out of the S&P futures, that they would normally be arbitraging and counting the money all the way to the bank,

This is due to management not wanting activity right before Jan 1st .

and the individuals will buy buy buy this month.

Let's see what Jan brings, and Jan should start out strongly as well.

with the djia moving above it's Aug 25th high, it should stoke the fires.

John
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