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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: nokomis who wrote (71199)11/12/1999 3:38:00 PM
From: hjz  Respond to of 120523
 
It seems like some big traders wanted to shake down the market this morning to get some stock at low prices. That INTC downgrade seems very curious now because the market over reaction to it created a real buying opportunity for some large traders. If the market ends on the high of the day which I am expecting then you can look back at this morning at a low for the DOW for the next couple of weeks. The market is already up 185 points from that low and the NASDAQ is up around 85. Seems like traders are already placing large bets on what Greenspan will do next week.

HJ