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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?

To: James C. Mc Gowan who wrote (2238)12/5/2001 6:03:22 PM
From: DebtBomb  Respond to of 13660
 
Uh oh, IMF says no, won't give Argentina the money.



To: James C. Mc Gowan who wrote (2238)12/5/2001 6:05:47 PM
From: DebtBomb  Respond to of 13660
 
Well, it's funny to watch the markets go up, while there's bankruptcies, warnings, layoffs, Argentina woes, terrorists, etc.. Investors are still losing money in some stocks. ENE wiped some people out.



To: James C. Mc Gowan who wrote (2238)12/5/2001 6:08:41 PM
From: DebtBomb  Read Replies (1) | Respond to of 13660
 
JPM and C popped today too, watch this stuff cough it all back up tomorrow, wouldn't surprise me.



To: James C. Mc Gowan who wrote (2238)12/5/2001 6:14:22 PM
From: DebtBomb  Respond to of 13660
 
Just some observations: the media reported it was funds doing the buying today, not short covering, no surprise to me.
Dick Arms said this stuff is overbought, will likely re-trench.
Two big sticks on the SOXX, up 80 points in two days, last time this happened in Oct., we almost re-traced it all.
INTC and SUNW in the spotlight tomorrow.


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