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Politics : High Tolerance Plasticity

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To: Warpfactor who wrote (13343)	4/18/2002 1:28:14 AM
From: energyplay	Read Replies (1) of 23153

This "rally" seem s to have been driven by short covering. On TheStreet.com Aaron Task speculated that because some of the rallies have tended to fizzle, that there may be some thing (news) big and ugly out there..that's not public yet. I get a little sense of that also - some lousy macro economics number or some company you don't expect having to re-state earnings the past 3 years. Maybe CBS/Viacom was counting all the hippies who signed up for their record clubs in the 1960's and still owed them money. Maybe the Hostess Twinkies people have asbestos liability. I keep seeing headlines of layoffs. Any idea what the bad news could be ? or does this market jsut like to go sideways violently ?

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