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To: Doo who wrote (37371)12/5/2000 5:59:13 PM
From: dennis michael patterson  Respond to of 42787
 
I'm with you. Just wait until the morning, when he says "well, uh, we got da rally, BUT IT COULD FAIL!"



To: Doo who wrote (37371)12/5/2000 6:40:32 PM
From: JRI  Read Replies (1) | Respond to of 42787
 
Jeffrey...."you got it"...are you saying that today was the IBD rally? If so, can you define it (as you understand it)

If we compare today's move to May (we are still in a bear market, right?), then we should expect some institutional follow-thru in the coming days (if this rally was genuine)...Back then, we saw 3 additional big up days within a week...

Talked to friend who talked to 4 pretty big hedge fund guys today..none were buying...I guess we'll know if there in with additional up/heavy volume days...