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


To: yard_man who wrote (9874)12/1/1997 3:27:00 PM
From: Cynic 2005  Read Replies (1) | Respond to of 18056
 
Why Wed.?
1. Monthly 401k money will be about expended completely by Wednesday.
2. That day will be ripe for some profit taking - with employment numbers due out on Friday, they will say "you will never know."
3. Wishful thinking - some earnings warnings will start to trickle in by then. Or, may be another shoe will fall in the global picture.
-Mohan