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Pastimes : From A to Zeev" -- SI Sacks Zeev

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To: Zeev Hed who wrote (499)10/14/1998 12:11:00 PM
From: space cadet  Read Replies (1) of 708
 
Zeev, does the market strength today change your outlook? Intel has a pretty good earnings report and most stocks seem to be beating the expectations, if only by a penny or two. I was bearish also (as is Jerry Favors still) but this is starting to look to me like a traditional earnings rally, which usually runs for at least a few weeks if not longer. It's possible that last Thursday was the bottom for a while. Of course, overseas turmoil could change the picture but unless it does it looks like the market wants to rally here. Acampora was also predicting a decline but he's changed his market call to a rally.
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