C (Citigroup) Message Board

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Non-Tech : C (Citigroup)

C 101.69

+0.7%

Nov 5 3:59 PM EST

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To: Benchman who wrote (34)	2/25/1999 7:49:00 PM
From: JEB	of 259

The options tell the story of the whole market. It's still too nervous yet but we will see a pop tomorrow morning (According to the chart of C and SPY index). After the initial pop (Around 10:00-10:30)we should see another drop. After that, and the market truly bases, we should see another late day rally but this time it should be with some real strength. Remember, at the end of the week a lot of shorts like to cover before the weekend. I say we close up over 60 tomorrow. Wildcard is always news and can nullify any chart indicator. We shall see! Good trading, JEB

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