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To: chic_hearne who wrote (50670)12/22/2000 10:21:13 AM
From: rolatzi  Respond to of 436258
 
This is the Xmas rally.
The market usually rallies before all the holidays. There will probably be another rally before New Years. People need to feel good over the holidays and so they do by pushing up the price of stocks.

rolatzi



To: chic_hearne who wrote (50670)12/22/2000 10:26:07 AM
From: oldirtybastard  Read Replies (2) | Respond to of 436258
 
chic, do you get the feeling that there just isn't any buying ooomph left? Maybe they will prove me very wrong in the next few days, but it feels like the clowns are swinging a much, much smaller line these days, like they can't get shit going at all. I haven't been doing this that long long but I do watch level 2 for a few hours each day on many stocks and things definitely don't look anything like they used to...guess that's either by choice or necessity -g-



To: chic_hearne who wrote (50670)12/22/2000 11:18:06 AM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 436258
 
<<Need to trap more ClownBux. I could see a rally for 10-20%.>>

I agree. I spent the morning covering/boxing all shorts, and selling about half the remaining poots. It's been a good run, time to take a breather and let the clowns run. Fundamentals will continue to deteriorate through the first quarter though, as well ClownBuck weakness. Time to enjoy the holidays....