Can you beat 50% per month? Message Board

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Strategies & Market Trends : Can you beat 50% per month?

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To: Smiling Bob who wrote (3977)	8/7/2002 3:55:55 PM
From: Smiling Bob	Read Replies (1) of 19257

I don't know what caused the late afternoon rally. Mkt was drifting downwards to target until 2:30 or so just picked up this blurb. Based on volume comment, I wouldn't chase and don't expect the rally to hold. Great opportunity to go short in advance of much lower opening tomorrow biz.yahoo.com "You have the Fed next week and there is a lot of speculation about a further easing of rates for the rest of the year," said one trader, who declined to be identified. "But volume is light and the break was done on very thin volume." Last Trade 3:55pm · 8,455.74 Change +181.65 (+2.20%) Prev Cls 8,274.09 Open 8,282.25 Volume N/A Day's Range 8,214.62 - 8,460.17

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