Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: ajtj99 who wrote (35157)	2/28/2002 11:07:12 PM
From: t2	Read Replies (2) of 99280

aj, I think they will rally tomorrow. Money inflows data seemed strong but that is what is expected at this time of year. However, money inflow data may provide some confidence to longs. Actually, they better rally. Otherwise, Monday is going to be bad, imho. Warnings season approaches and I expect more this quarter than last. Friday afternoons are short covering days as well at the end of a down week (Naz). On the other hand month end mutual fund buying is over. My big question is: will they sell off all those Dow stocks that got marked up for month end? A whole bunch made some nice gains in the past week or two. If such names don't start dropping tomorrow, it could be a sign of strength for the DOW (might add some longs but only if I see strength tomorrow). jmho

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