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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (37969)6/19/2001 6:27:09 AM
From: limtex  Read Replies (2) of 65232
 
RR - My guess is as follows. A bit in jest OK but it seems like it to me. Tuesdays the shorts usually play golf and go sailing. My guess is that they do this in order to get the bulls to sucker up a bit more by feeding them some more hope.

The shorts know that much better to take it slowly, bit by bit and that way they get more.

So Tuesdays for some reason are quite often up days unitl the evening when there is some nasty announcement.

Warnings season is in full swing and Tuesday after the bell is a dangerous time.

What we need to see is companies saying that business is getting better and sales are picking up. Until then my guess is that the NAZ continues to grind up peoples net worth.

Best regards,

L
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