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Strategies & Market Trends : InvestRight - Short Term Trading St -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey L. Henken who wrote (50)9/7/1998 11:01:00 PM
From: HiSpeed  Read Replies (1) | Respond to of 939
 
OEX are liquid and are a favorite of mine. As of Friday, I closed most of my positions for the weekend -- had no idea what to expect. After the close, a close look at the end of day bounce piqued my curiosity, though.

Still not convinced the rally we will see is legit or not - keep in mind one the the underlying factors causing the rally is simple the idea the Fed is even considering easing rates. That's no guarantee they will. But the way the markets have been lately, I think the bulls would take just about anything to have a reason to rally!