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Strategies & Market Trends : Drillbits & Bottlerockets

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To: Rich1 who wrote (6493)3/28/2001 4:04:52 PM
From: Mark_H  Read Replies (1) of 15481
 
This doesn't help:

``Tuesday's rally was just a bear-market rally. We have learned to sell on these rallies, `` said Ted Oberhaus, manager of equity trading at Lord Abbett & Co., which oversees about $40 billion. ``Once upon a time, we used to buy on the dips. Year after year that proved extremely profitable, but in this environment you learn to sell into the rally. The catalyst is the earnings warnings.''

dailynews.yahoo.com
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