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Pastimes : Ask Mohan about the Market

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To: MythMan who wrote (8725)11/20/1997 3:05:00 PM
From: Cynic 2005  Read Replies (1) of 18056
 
Pete, I expected a re-test of 7750 and a failure this week. I am also surprised by the continuing rally. On the cheerleading thread I am not seeing much buying. Looks like most of the bulls have already bets in place. So much of program trading to take the S&P futures short guys out? Unbelievable! Unlike yesterday, today's rally is more or less broad-based.
-Mohan
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