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


To: Tom M who wrote (26491)9/4/1998 10:53:00 AM
From: Philipp  Read Replies (1) | Respond to of 94695
 

Or, We retest today, it fails and we gap up Tuesday due to Rubin's meeting with Japan and Russian vote on Monday.


You forgot Greenspan speaking tonight. If the market has a late-afternoon break-down, he is unlikely to just stand by. And he certainly is capable of moving the market. There are still a lot of other things that can happen over the week-end though.

Regards,

Phil



To: Tom M who wrote (26491)9/4/1998 11:22:00 AM
From: yard_man  Read Replies (3) | Respond to of 94695
 
Why should anybody buy the close? Would seem like a perfectly irrational thing to do -- course I'm not an e-waver, but jsut doesn't seem prudent to me.