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To: Voltaire who wrote (44819)10/14/1999 9:35:00 PM
From: t2  Read Replies (1) | Respond to of 152472
 
I doubt it will even drop in the morning unless the economic reports are much worse than investors expect. A certain degree of negativity is already priced in. It would surprise me if the futures don't come off current levels before we get hit with the economic news. I have noticed they have already started bouncing back.

The concern for inflation is what is really holding them down. I agree that Greenspan caused the declines but the rebound is not happening because of the reports tomorrow AM.

He lost his credibility in this are in 1996 just as Ralph Acampora a little while ago. Now Ralph is more of a contrarian indicator because his downward revisions for the market expressed the fears and concerns of investors. That is all we need for big rallies!!

Good Luck tomorrow.