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Strategies & Market Trends : Tech Stock Options
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To: ViperChick Secret Agent 006.9 who wrote (50561)8/24/1998 9:28:00 AM
From: donald sew  Read Replies (1) of 58727
 
LISA,

PRINCESS MARIA said earlier this morning that there will be a rally at the open. And even in light of the negativity in the market the infows of funds are accumulating and that such will stop the market from declining too much further. Im not great at quoting people, but think that was the gist. How can she say that - it implies that the most important issue now is liquidity - well what happens if the mutual funds decides not to use it for the other un-important reasons like decreasing earnings, Asian FLU, Russian FLU, currency problems, etc. Hey she may be right - but that is simply lousey reporting.

She did just get back on and confirmed that Barton Biggs of Morgan Stanley is still negative and that any rally will be sold into. I give her some credit for reporting that.

Seeya
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