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To: redwood who wrote (23747)4/12/2000 12:44:00 PM
From: Trumptown  Respond to of 57584
 
Add to that, the threat of revised margin requirements...meeting near end of May...

I'm of the opinion we'll see one more significant snap-back rally before it's all over for the summer...the market has a way of lulling bulls and bears into a false sense of security...

SR



To: redwood who wrote (23747)4/12/2000 12:53:00 PM
From: Joe Smith  Read Replies (2) | Respond to of 57584
 
Starting short positions today is a big risk with the big PPI numbers tomorrow. Could see short-term rally. Of course, if there is an ugly surprise, you will cash in. Odds seems to me that we will see 4200-4300 again before the final blow. I wouldn't be selling anymore at this level and wouldn't be shorting, waiting for a bit of a better opportunity, mabe 10-15%.