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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Stephen M. DeMoss who wrote (64013)12/9/2000 11:51:03 AM
From: Gary Burton  Read Replies (1) | Respond to of 99985
 
Steve--by 930am Monday, result of recount will likely be known since District Court Judge has given a 2pm Sunday deadline, statewide--maybe he'll extend a bit but by the time the market opens on Monday, the world will know who is leading--and State Legislature is not scheduled to meet till Tuesday to certify the electors' slate...My hunch is that there will be a massive short covering rally Monday am since the futures closed at a large discount and that by Monday close the market will be higher than Friday's close.