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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: Louis V. Lambrecht who wrote (44461)9/24/2001 9:25:34 AM
From: stan_hughes  Read Replies (1) | Respond to of 100058
 
LVL - Consider this -

1. The Japanese are on holiday this morning, and I believe they have been major sellers.

2. WW3 didn't start on the weekend after all.

3. The apparently orchestrated drop in crude.

4. Perceived bargains after the first wave decline to Dow 8200.

This rally will run whatever course it has the strength to achieve. My suggestion would be to just observe it and see how much power it has, and then use that as an input into handicapping what's likely to happen later in the week. Guessing isn't a good strategy at this point IMO