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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: CapitalistHogg™ who wrote (339969)8/6/2007 5:07:01 PM
From: stan_hughes   of 436258
 
That's 3 Mondays in a row now with essentially the same stick, although they're getting to be bigger and bigger sticks.

Check it out -- stockcharts.com

And we all know what's happened for the rest of the week after the last 2 Mondays.

3-for-3 coming? If the market (i.e. GS, JPM and friends) actually KNOWS the Fed is bringing goodies to the party tomorrow, then you just saw a nice front run on the news. OTOH, if today is merely a reflection of what the market HOPES the Fed will do, the averages are gonna be mighty disappointed if it doesn't happen.....
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