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Pastimes : Richard Ney and the Wall Street Gang -- Ignore unavailable to you. Want to Upgrade?


To: ccryder who wrote (395)8/27/1998 8:14:00 PM
From: NoName  Read Replies (1) | Respond to of 492
 
a rally in the morning carried out to the afternoon would indicate that the s/mm's will not be done with the decline by next week, which i think is what they are planning with such in-your-face drops. i thought they were just about scarying everybody a couple of weeks ago but then they rallied heavily on monday and tuesday prior to the attack in the middle east to unload (an added bonus for them). there is still a little bit of optimism in the media and public, and i'm sure the s/mm's want to make all the little investors sick to the stomach and the best way to do that would to have it down sharply tomorrow and monday, breaking the 8000 level.

but of course, anything can happen, trying to predict is just like trying to read minds...of the s/mm's.