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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (2083)	9/24/2001 3:27:59 PM
From: ItsAllCyclical	Respond to of 36161

Abby gets credit again...laughable. ----------------------------------------------------- Monday September 24, 2:26 pm Eastern Time Stocks Surge in Heavy Trading By Chelsea Emery NEW YORK (Reuters) - Stocks surged in heavy mid-afternoon trading on Monday, as investors turned buyers on bullish comments from President Bush and a closely-followed Wall Street strategist. Blue-chips jumped almost 4 percent, paring last week's slump in the Dow Jones industrial average by about one quarter, and technology stocks showed strength for the first session in six. Stocks tumbled after the Sept. 11 terror attack on New York's financial core. President Bush said U.S. economic travails were ``short term'' and Goldman Sachs & Co. strategist Abby Joseph Cohen raised her stock allocation, citing lower prices and the benefits of an easier money policy. ---------------------------------------------------- Gee, it has nothing to do with simply being oversold. Say a little long buying, short covering and a prop job by the PPT. Abby J. has been over 60% allocation to stocks throught this downturn. Up 5% or down 5% doesn't matter.