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Politics : Formerly About Applied Materials
AMAT 307.20+2.0%3:59 PM EST

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To: derek cao who wrote (13512)12/17/1997 11:15:00 AM
From: Gottfried  Read Replies (1) of 70976
 
derek, I suppose your warning is based on gut feel? That's ok.
I have a question on the value of futures vs expected market action the next day. Last night and many nights before the SP500 futures
and NASDAQ100 futures were posted here. Since both were up, we
thought that was a good sign for the market today. Now the rally
has fizzled. How good an indicator are the futures? Maybe they
are good only as an indicator for the opening the next day?

GM
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