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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (65665)8/2/1999 1:25:00 PM
From: Freedom Fighter  Respond to of 132070
 
Myth,

They did start turning around prior to the NAPM, but for no reason that I could find. Then they took off even further after the report.

My suspicious mind finds a number of these futures driven moves highly suspect. There are too many same day wonders on little or no information for my taste. They always show up just around the time the market seems vulnerable.

If you saw a reason for the sudden turnaround this morning please let me in on it. What I saw before I left for work this morning was the the futures selling at a big discount and weakening further.

I thought the PPT was a myth( g)? I think it's a myth, but that doesn't mean there aren't roosters and weasels out there. They usually just wait until the market is in big trouble or it's options "rig" week. (g)

Wayne