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Strategies & Market Trends : Galapagos Islands

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To: Techplayer who wrote (31395)3/7/2003 1:15:27 PM
From: bramble88  Read Replies (1) of 57110
 
I think the market has milked potential announcements regarding Al-Qaeda captures over the weekend to the max for now, and all the gaps have been filled.
The UN Council session will not change potentiality of war, only how good or bad the US looks in that connection.
So I think we can only go down from here for the day.

The OBL capture news does seem more likely now, and if it happens over the weekend, I agree there could be a serious rally; probably COMP 1400 at least >>something to worry about if short. I would not be surprised at a significant short covering ramp near the end of the day.
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