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Politics : Idea Of The Day

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To: James C. Mc Gowan who wrote (21914)	12/11/1998 5:22:00 PM
From: StockOperator	Read Replies (2) of 50167

Ike, Is the market giving us a headfake? S&P closes up - NASDAQ closes up Everything except the transports did respectably well considering the fear thats in the markets. The VIX also has been climbing lately and has popped up today which indicates that fear in the marketplace is rising. Considering everything thats going on (impeachment, bad earnings announcement and so on) don't you think that a retracement from here is exactly what the masses are expecting? The wall of worry is getting higher. StockOperator

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