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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (18348)6/23/1999 8:07:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
Dennis, CSCO rose due an article in Forbes about telecom companies. See LU got wind from the same BS article.

Any positive blurb or BS no matter who writes it moves stock today. The idiots are buying just because it moves up.

KM last week jumped to $17 from 14 7/8 as a result of stupid blurb in Business Week. Now it is back in the $15 range.

and they call it INVESTING <G>

BWDIK
Haim



To: dennis michael patterson who wrote (18348)6/23/1999 8:14:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 99985
 
Dennis, the stock market is all about liquidity and psychology...my take of this is that the stock market continues to price in a significant rebound in the long bond. if said rebound doesn't happen, we're due for a sharp correction.

servus,

hb


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