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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: SeaViewer who wrote (8538)6/30/2004 7:19:57 PM
From: George K.  Respond to of 116555
 
My impression was a lot of strategic buying in SPY, DIA, QQQ, SMH after 2:30. After PG split, laggard IBM was left as the king of the Dow. Totally unacceptable. In less than a week, UTX and MMM have assumed the throne. Programs hit those two and some ETF buying - Rally! Futures boys never see it coming. They're Behinds. And smart enough not to burn money on the last day of the quarter fighting the tape. Just my take.

Geo.