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To: Starlight who wrote (18567)1/25/2001 11:51:35 AM
From: limtex  Respond to of 60323
 
ES - 'How about reason #4:-

4 . Stocks go up on bad news and go up big on good news. If they get hit, they come back, and fast.

Best regards,

L



To: Starlight who wrote (18567)1/25/2001 5:50:08 PM
From: Raymond Duray  Respond to of 60323
 
Hi Elizabeth,

Re: Top 10 Tells Why This Is a Bull Market
biz.yahoo.com

My gut tells me that only #10 matters..... and that we are indeed around the corner because Uncle Allan says we are.

However, #6 is quite troubling. 6 . The futures are no longer in charge. All last year, during the great bear market, we would see one seller come into the futures and knock the whole shebang down. It would be incredibly disconcerting. Now the market is being cash-led, not futures-led, and there is real buying.

Smart money doesn't play in the cash market. Get ready for single stock futures, coming to LIFFE in London on 1/29 and to the US-CFTC regulated exchanges later in the year. The forwards markets are about to light up again and the only clear result will be greater volatility in the valuations of the underlying assets. All, JMVHO.

Best, Ray :)