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Politics : Idea Of The Day

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To: Jerry Olson who wrote (19937)9/4/1998 12:36:00 PM
From: WhipsawMcGraw  Read Replies (2) of 50167
 
Yes, I claim the market will be down 200 points today with the main selling pressure in the last two hours. Remember, many investors and traders have already left for the weekend. Stock stop losses are automatically placed in the system which will get hit automatically and start the sell programs we so often see.

A "pig" or other names for it is a term for a sideways market. Bear down, Bull up, pig does nothing. Basically, consolidation.
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