Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Major Tom who wrote (25460)	8/28/1998 11:56:00 AM
From: Skipperr	Read Replies (1) \| Respond to of 94695

MT - How did you come up with Dow = 8086.53 at close? You must have a very sophisticated projection program. I can see two different scenarios: 1) Dow closes UP for the day because the PPT and Hedge Fund Mgrs will be buying toward the end of trading. Neither wants the mutual fund investors to panic-sell on Monday and they might if their advisors tell them to "reconsider" their market exposure if we get a big downslide today. 2) Dow closes down for the day because the PPT will not support the market. It will show the voters that it is not a good idea to consider privatizing a portion of Social Security. BTW, is there any doubt that the Government is Not involved in supporting the market? It would be interesting, and informative, to investigate that. If we could definitely establish that, we would know another "Rule" for the Game. The tracks of the elephant in the sand sure does support such a conclusion. Who knows, but my feelings are for a flat to up close. Skipperr