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To: Moominoid who wrote (6163)10/18/2001 6:58:32 AM
From: sun-tzu  Read Replies (1) | Respond to of 8150
 
from a bull perspective, you should want the fut's as low as possible since this is your best chance of precipitating a short covering rally. this is the opposite of what happened yesterday as the huge uptick precipitated profit taking which snowballed.

a flat open is not what a bull would want after yesterday. with all the shorts washed out, you're looking at a 200 point rout today by market close.

(~)^(~)



To: Moominoid who wrote (6163)10/18/2001 10:49:31 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 8150
 
Markets don't move in a straight line, I believe we're still on track.....

GZ