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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (4866)6/13/2001 8:04:01 PM
From: patron_anejo_por_favor  Read Replies (1) of 209892
 
<<Last time we made a trip here (2105), the p/c shot up, and lead to the hellacious bounce>>

Heinz made the same point, that he was concerned re: poot buying around mid day. Looks like it got worked out by the close though (overall p/c finished at a "healthy" .59 with equities at a downright complacent 0.49).

What happens if Al and the Merry Banksters cut 50 bp's and it gets sold in SOIZE? I'd think the end game is at hand (especially with the kind of warnings the next q earnings releases are likely to contain). BWTFDIK?
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