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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Sully- who wrote (5510)10/4/2000 12:41:44 PM
From: Jim Willie CB  Read Replies (3) | Respond to of 65232
 
I think margin selling happened this morn out of gate
therefore down immediately
houses knew it, didnt raise the open with futures

margin selling should happen in first 30 minutes each day
but only for a few days more

Naz green, up 13
reflex oversold technical rally coming next
could happen later this week, or next week
good earnings will accelerate the reflex rally
I do NOT expect it to pass (by much) the NazComp 18MA
but that is 300 pts
/ jim