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To: patron_anejo_por_favor who wrote (147309)1/30/2002 4:54:30 PM
From: sun-tzu  Read Replies (1) | Respond to of 436258
 
this is standard pre-tank action. weak hands scramble to cover at the eod igniting rallies. this time however, nobody will be doing any true buying that would ordinarily allow the frenzy to morph into something real. gradually the rallies happen later and later in the day until they just stop...or the futures open up strongly red despite an amzing reversal (which is my feeling here).

regardless, let's see what happens after japan gets flushed down the toilet tonight. if they do open up green, i will be selling that.