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To: Lucretius who wrote (12101)8/18/2000 11:38:01 AM
From: Bill F.  Read Replies (1) | Respond to of 436258
 
not on your bberg today???



To: Lucretius who wrote (12101)8/18/2000 11:38:38 AM
From: AllansAlias  Respond to of 436258
 
As I have previously stated, that too is my feeling. Yesterday I said we would see a decent range today, but open/close range would be tight. This is most common for a top.

I agree that those people who are turning longer-term bullish based on the last couple of weeks are getting ahead of themselves. If we stop it here I think we have an excellent chance at draining.

(Long progressing fine. I am definitely stopping after this one as I will be invoking my "3 winning trades" rule as a hedge against the ego. This is the impt bounce imho that will shape the day.)
I do not see a rally from FOMC, maybe an intraday pop only. One would think that is already hugely discounted in this market.