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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (47866)2/22/2001 11:21:22 PM
From: carepedeum2000  Read Replies (2) | Respond to of 57584
 
MY PERFECT FRIDAY
the markets open with a big gap down as everyone gets out of stocks because everyone knows there is no reason to own stocks anymore, i get out of all my shorts at nice profits, while clinging with white knuckes to some longs, after the sharp initial drop, the market firms slightly at 10am as some selected bargain hunters come in, the market recovers slightly from the large drop down (where it briefly touched the 2050 mark) when all of a sudden at 1.15 eastern time, mr greenspan annonces another .50 rate cut, declaring "there wont be a recession on my watch",
the mother of all short coverings and buying rally ensues and the naz and the dow both set record percentage up days!
now that would be a great way to go into the weekend!!
now excuse me while i click my heels together three times------