Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (6342)	10/31/1997 12:57:00 PM
From: Jim Rathmann	Read Replies (2) of 9285

I noticed this on Wed while watching CNBC. The Greenspan talk and biege book data should have been good news but were met by a wave of selling which drove down the Dow 60 points in each instance. Clearly some big interests are selling into market strengths. Also CNBC yacks and yacks about "small investors" stepping up and buying the dip. Given the huge volumes lately and the general wheel spinning by the overall market, I am starting to see a drawn out 3-6 month correction. jim

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