SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Bob Duncan who wrote (37203)6/2/2000 7:33:00 PM
From: Jorj X Mckie  Respond to of 63513
 
Bob,
Welcome to the thread.

I suspect that the fed overshooting the mark had something to do with this rally.

I think that your point about panic covering has merit. Just as the bulls had their mania where they wouldn't take profits at reasonable levels and therefore were forced to panic sell in April, the bears were seeing deeper and deeper holes to be dug and are now a major contributor to this rally through their covering.

pendulum.com