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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Ralph W. who wrote (6443)10/28/1997 2:09:00 PM
From: Joseph G.  Respond to of 18056
 
Ralph, I got my contrary indicator collegue very bullish at the moment. He was more than bearish at 10:45 am. He made a theory that Dow was down 300 in the morning, and he thinks it is +350 now. Therefore, his argument goes, it went up from -300 to +350 = 650 point, which is more than it dropped yersterday. He expects trading curb later today when it goes +550. No matter what I tell him, he does not belive (that it did not go down 300 in morning, that it's not +350 now, that there is no halt for up moves) I'm not making this up, no -g-

Joe