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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (29637)9/30/1998 11:08:00 PM
From: Andeveron  Read Replies (2) of 94695
 
>> Checked Globex lately??? <<

Globex, this early in the trading night, is inconsequential. There have been evenings where the S&P futures were up 1280, only to close up 200 by market open. Then there have been those tentative nights when Globex was down 2280 to close up 200 by market open.

When the European markets open up, Globex should reflect the sentiment better.

I see an up day tomorrow. Figure the Dow regains 80 points within the first hour of trading and the Nasdaq bounces up in tandem by 20. A lot of buy the dips... Have no idea if it'll hold...
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