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To: mishedlo who wrote (90819)4/6/2001 9:21:01 AM
From: robnhood  Read Replies (1) | Respond to of 436258
 
In all likelihood you are right , but I think for different reasons. That/this rally looks like a do or die rally to me. It appears to not have a shred of fundamental reason behind it at all. All day long on CNBC they talk about oversold oscillators and high put ratios, but not one piece of news that can justify this move.



To: mishedlo who wrote (90819)4/6/2001 9:34:00 AM
From: Lucretius  Respond to of 436258
 
ok



To: mishedlo who wrote (90819)4/6/2001 9:34:33 AM
From: KyrosL  Read Replies (1) | Respond to of 436258
 
I agree. This rally may in fact extend to more than a few days, especially if the Fed cuts aggressively in the next week or so -- the weak employment numbers provide them with a good reason. A lot of people are still itching to put some of the 2 trillion in MM funds to "work" in the market. I think bears will have a better shorting opportunity in a few weeks.


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