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To: marginnayan who wrote (55384)9/18/2001 1:51:15 AM
From: Eric  Read Replies (1) | Respond to of 77400
 
Marginnayan

After watching very closely the order flow today I'm actually quite optimistic about tomorrow's trading.

IMHO we might drop at most 200 to 250 pts at the opening and what I'm really looking for is the markets to come back in the middle of the trading session (about 10 to 11 AM PDT).

If that happens we should close near unchanged for the day.

If the sell-off is less at the opening (first 15 minutes) then we might rally at the close and be positive and should be out of the woods for the next few weeks.

The markets are still going to be very "noisy" for quite awhile. A short term recession is guaranteed after last Tuesday's events.

For an investor, trader this may be a once in 50 year event.

JMHO

(Of course we didn't have terrorists running around then!)