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Strategies & Market Trends : Drillbits & Bottlerockets

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To: faqsnlojiks who wrote (9370)	4/30/2001 12:51:41 PM
From: Original Mad Dog	Read Replies (3) of 15481

Just tuned in and saw that the Naz was up over 110 points...then I realized that the wizards who run this site and care so deeply about it are using Thursday's close instead of Friday's as their previous day baseline. Oh well.....rallies on Monday are still nice. The GDP figures on Friday seem to me to be an almost certain bet for downward revision. If you look back through recent history, I think (I'm too lazy to look it up right this second, but I'll bet Mr. Pitera would know) that surprising early reads on the GDP have been revised back toward the expected number a bunch of times.....so.....this rally may go to 2500, but if that downward revision comes out next month, we may get flushed right back down into the septic tank...... Enjoy the run, and take profits. Greed is not good right now. JMHO..... Where the h*ll is my caffeine this morning????.....Jorj, we need to hire some ladies to deliver caffeine to the executive team.....mph was supposed to be doing that, but she gave us some feminist rant and refused to bring the Pepsi and Coke around anymore......

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