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Strategies & Market Trends : Tech Stock Options

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To: James Strauss who wrote (56570)10/28/1998 11:58:00 AM
From: B.REVERE  Read Replies (2) of 58727
 
Jim, the northern turn of indicators was not based in fundamentals.
It was a fed driven manipulation of the futures that have turned markets around, not specific news that yells "WAKE UP, THE ECONOMY'S
BOOMING AND PROFITS ARE GROWING (as Maria likes to say) AS WE SPEAK."

The 7400 dow was saved by the FED!,no one else and certainly not
market sentiment or economic conditions. To continue to spout that
"things have turned around" is blowing smoke. You're not an analyst,
are you? Those guys have to say those things to save their job.

Later,

BR
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