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Strategies & Market Trends : Temp. Home of Cooperative Group-Trading

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To: Rajiv who wrote (684)	5/30/2000 4:11:00 PM
From: Tom Hua	Read Replies (5) of 790

Rajiv, historically, the day after Memorial is a strong up day, and this year proves to be the same. I closed out more than half of my short positions on Friday and went long based on this data point alone. Today I did the opposite. Today's volume is light, still a lot of buyers are sitting on the sideline, probably waiting for the employment number on Friday. Until Greenspan signals the last of fed hike, I think rallies are not sustainable. Regards, Tom

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