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To: Lucretius who wrote (209898)	12/16/2002 11:19:11 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 436258

Print this and frame it. -g- DJ. Stock Futures Report: 'Hot Money' Chases Market Up By Kristina Zurla Of DOW JONES NEWSWIRES CHICAGO (Dow Jones)--Stock index futures powered up on what market participants dubbed "hot money" looking for bargains after a two-week losing streak, with sights set on a year-end rally. No news was good news for the market as there was no significant economic data or fresh geopolitical flare-ups to thwart market bulls and it was up and away from the opening bell upward. Traders reported widespread dealer buying that frustrated locals who were repeatedly trying to pick a top and then were forced to race for the exit. A few Wall Street analysts put out optimistic outlooks for U.S. equities, which helped aid the rally. Among them, Merrill Lynch technical analyst Steven Miley said his immediate-term outlook for the U.S. stock market indexes was "decidedly positive," while Lehman Brothers upped its exposure to U.S. stocks to 50% from 39%. A spike in some commodity prices, which worried the market last week, seemed to have been cast aside for the time being. Crude oil prices topped $30 as turmoil continued to mount in Venezuela, the world's fifth largest oil exporter.