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To: Robert Rose who wrote (70046)7/27/1999 2:40:00 PM
From: JOHN W.  Respond to of 164684
 
A bit of short covering may occur due to DSCM tomorrow. A 2-3 pt pop at the end of the day is very possible.



To: Robert Rose who wrote (70046)7/27/1999 2:49:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Robert -- OVERALL breadth is what really sucks for a 'rally'. There is a liquidity crunch brewing. In a credit crunch the best investment is cash -- everybody wants it and it will be in short supply. And stocks? Everybody will have them and nobody will want them. That is the way it works in a liquidity crunch.


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