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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: kahunabear who wrote (1459)10/28/1997 4:35:00 PM
From: tekgk  Respond to of 5676
 
I was guessing the same as Favors up 200+. 337 was higher than expected. After looking at the advance/declines and new highs/lows I think that this looks like shallow rally. Most of the activity and volume centered around a couple of dozen stocks like IBM who promised to do a stock buy back. This should sound familiar to students of history. I will probably go back in short again once the dust settles. In the mean time cash is King.



To: kahunabear who wrote (1459)10/28/1997 11:56:00 PM
From: Investor-ex!  Respond to of 5676
 
Quite a performance the Feds and WS orchestrated for the masses today. When does the music stop? How long will the applause last?