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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: P.Prazeres who wrote (12752)	1/7/1998 5:30:00 PM
From: Lazarus_Long	Respond to of 94695

<< has the last bear been wiped out???? >> Well, no. I shorted APM yesterday and covered today. The last BRAVE bear may have been, though. And BTW, what happened at the close? The market was done 60-90 points on the DJIA all day, the roared up to -4 in the last 15 minutes! I looked for news and didn't see any. Are the NYSE specialists afraid we'll all give up? Do I smell manipulation? The NASDAQ MMs apparently didn't get the word because it only gained about 7 points to end at -18.

To: P.Prazeres who wrote (12752)	1/7/1998 5:31:00 PM
From: geewiz	Respond to of 94695

Paulo, we are all stunned by the awesome recovery,and that dynamo,the dow transport index!!!! Totally amazing!!!! If it happened in expiration week I'd venture an explaination; but who pushed the buy button today??? best, art

To: P.Prazeres who wrote (12752)	1/7/1998 5:35:00 PM
From: Don S.Boller	Read Replies (2) \| Respond to of 94695

Paulo: Most of the threads I watch are also quiet...maybe the bears have gone into the caves for forty winks <g>. Suffice it to say - if this market won't sell off big time - on bad news - then sure as he## it's going up! Some of the bears are only techno- bears - i.e., momentum players. Those that base their position on FA factors will be easily "converted" wtih a 500 point move to the upside. BWDIK Don