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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (1802)6/4/2002 3:12:48 PM
From: GraceZ  Read Replies (1) | Respond to of 17639
 
Here's a catalyst, Mrs. Peel, the market just had a "peace" scare!

Rumors flying that the Indies and the Pakkis made a truce but it may be unfounded.

14:12 ET Market lifts on rumor of India-Pakistan truce : We would note that there have been pockets of buy interest in the market throughout the day, so late rebound in equities not a complete surprise. May be that the India-Pakistan rumor circulating trading floors is being rolled as traders look for explanation behind intraday recovery... Dow -33, S&P 500 -1.83, Nasdaq +10.5.