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

To: Haim R. Branisteanu who wrote (17449)	4/27/1998 8:42:00 PM
From: Tommaso	Read Replies (3) \| Respond to of 94695

Well, a big down on Globex more often than not does mean selling at the opening. I jusr wondered what to make of a big down after the close (which, as it happens, rapidly disappeared soon after I asked about it, though it seems to be picking up again now).

To: Haim R. Branisteanu who wrote (17449)	4/27/1998 8:46:00 PM
From: robnhood	Read Replies (1) \| Respond to of 94695

<< The WSJ article kind of spooked the markets.>> Haim, So far they have pulled this market up with all kinds of shenanigans just about the time it was running out of steam. Mergers, buyback announcements, splits, beating estimates. I believe the Journal article was about rising rates. Well this afternoon Rubin apparently came out and said rates were going down. There was a long pause in the market, longer at least then I thought it should have been , and then a grudging rally started, which was helped by a weird reversal in Amazon, which apparently just announced a 2 for 1 a few minutes ago... russell