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Strategies & Market Trends : P&S and STO Death Blow's

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To: DebtBomb who wrote (19277)12/10/2002 2:19:29 PM
From: t2  Read Replies (2) of 30712
 
Dale, so you see a rally? I was guessing decline into close but...now not so confident of this outcome after seeing the action this afternoon.

I am basically short but ready to cover if we start getting upside momentum.

A few days out, we get the Nasdaq100 rebalancing; that could be a catalyst for a drop, given the nature of changes expected; many small caps out but many larger names expected to get added. Meaning market weighting of big caps declines in the Nasdaq100. Just my hunch.
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