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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Stephen who wrote (34878)	10/26/2000 6:58:49 PM
From: Skywatcher	Read Replies (1) \| Respond to of 50167

Having JDSU head up 11 after hours is gonna help tomorrow, but we still have a bull rally in a bear market at this time. chris

To: Stephen who wrote (34878)	10/27/2000 10:11:32 AM
From: James Strauss	Respond to of 50167

Interesting how people differ in their observations, as all I saw was the market go down on big volume, then get ramped up quickly to make shorts cover on less volume. It doesn't mean it isn't a reversal .... but I obviously didn't see the same thing as you did today. Stephen: The beauty of Technical Analysis in the eye of the beholder... : > Anytime you can get two or three reversals of the magnitude we've seen in the past month occurring so close together suggests that a line in the sand has been drawn... Also, the anticipation of the lower GDP numbers ties into a scenario where the FED goes neutral and possibly cuts rates in the months to come... Since the market discounts things 3 to 6 months before hand, now was a good time for money to pay the market a visit... Jim