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


To: Defrocked who wrote (11191)12/12/1997 10:03:00 AM
From: Don Westermeyer  Respond to of 18056
 
Looks like the market agrees with you as the rally fizzles.

To be honest I was hoping for more of a pop from the PPI numbers to add more short positions. If that lower PPI number and bond rally can't move the market I think the year-end rally will end sooner than normal.



To: Defrocked who wrote (11191)12/12/1997 10:37:00 AM
From: Cynic 2005  Read Replies (2) | Respond to of 18056
 
Df, as usual great notes. I have one question for you - did you switch to our camp on AMAT yet? -g-

BTW, I looked at futures a moment ago. They are still trading in the positive territory whereas all indexes are deeply in the red. especially naz. What gives?

-Mohan

10:45 AM

Never mind, I got the answer - stocks rebounded and the futures are getting stronger. May be this time for them it will prove to be a costly exercise - for them!