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To: Olu Emuleomo who wrote (102347)4/28/2000 10:48:00 AM
From: Peter Church  Respond to of 164684
 
>>>Anybody know why the Nasdaq ramped this morning?>>>

Money flows are positive and money managers don't look good holding cash right now. Next week will be different. It always is. Just more treading water IMO.



To: Olu Emuleomo who wrote (102347)4/28/2000 3:36:00 PM
From: schrodingers_cat  Read Replies (1) | Respond to of 164684
 
I'm wondering if the NAS is rising because all the sellers have already sold out?? If there were many potential sellers still in the market then they should have sold on the bad inflation news yesterday, or on the MSFT collapse Mon, and tanked this market for good. No tanking therefore no sellers??

If sellers have left then maybe NAS goes back up and maybe some of them get tempted to come back into the casino to try to make back some of those lost profits??

BTW I've lurked here for a while and have found this an excellent and informative discussion. Thanks to all!! I may occasionally post here in future.