Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: donald sew who wrote (30896)	10/8/1998 5:26:00 PM
From: Philipp	Read Replies (2) of 94695

I just came back to see that the market had another late mystery rally. Are these real or not? There have been so many of these just at critical moments over the last month that I have to ask myself whether they reflect real underlying bullishness or are just plain manipulation. I have difficulties believing the former, but if it is the latter it must be getting pretty expensive by now. If I remember right the PPT only has 30 billion $ at its disposal and they need a lot to turn around a crash should it occur. A possible sign of weakness is that they no longer seem to be able to manipulate the SP 500 at will, just the Dow. Anyway, it looks very unreal and tomorrow will be another day. Regards, Phil

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