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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: dennis michael patterson who wrote (18570)9/12/2001 7:22:39 PM
From: Captain Jack  Read Replies (1) of 52237
 
Dennis-- It is much too early for me to guess on Monday opening but IMO a majority of the panic selling may have been averted by the delay. Excluding airlines and insurance companies fundamentals have not changed. FED dumping bux in,,, a couple days spending curtailment.. soon the talking heads that continually repeat news that could be reviewed every 30 minutes will slow a bit. Hopefully in a few hours or days the distruction of our enemies will require as much coverage to show the death and distruction dealt to them. I suspect mkt orders are in place that will take the mkts down at the open,,, possibly some great buying opportunities will be presented. Although the mkts may not fully recover day one-- it may in short order. I do not think it will be a time to initiate a large short position.
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