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Politics : Idea Of The Day

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To: J.T. who wrote (20806)	10/7/1998 1:07:00 AM
From: J.T.	Read Replies (2) of 50167

IKe, what a wild ride today from top to bottom and back... A day where I am thankful to have done nothing tradewise as this battle going forward with bulls/bears goes on. For tomorrow I think we have this nice "one day "bhhumbo"" where the gains will stick across the board and 7850 Dow will be taken out on a close, SPX back above 1000 and COMP thru 1550. Nimble traders like you can have a field day with these wild swings and I don't consider myself a nimble trader. Market momentum now is summarized as hourly chaotic gyrations amongst heavy hitting traders where it used to be weekly unilateral direction. Throw today's action out the window and I believe your previous parameters are still in play. JT

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