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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: TREND1 who wrote (63380)5/7/2002 8:30:48 PM
From: Steve Lee  Read Replies (3) of 99280
 
I think the odds of a rally on the NDX outweigh the odds of further decline over the next day or two. But the odds of a rally are not good enough for me to actually buy anything here.

The AH rise on CSCO's lowered guidance is suspicious. Imagine that we had no access to futures prices or AH prices but we had seen the guidance and results from CSCO. What wood the mood of this thread have been then? The rally talk was popularised by the fact that stocks were going up, rather than anything CSCO said or did.
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