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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: HandsOn who wrote (1531)9/11/1998 3:13:00 PM
From: drdan  Read Replies (1) | Respond to of 7247
 
Could this rally be due merely to shorts covering before the weekend and not a "relief rally"?



To: HandsOn who wrote (1531)9/11/1998 3:14:00 PM
From: joe  Respond to of 7247
 


It's looking like we will have a stable to strong
ending IMO. I base this on S.America looking much better
and buying of financials is appearing.

yesterday, even though it seemed it was Bill's fault
the market dropped at end...IMO, I think S.America
markets contributed equally. Brazil down 13% yesterday,...
how could the market not drop? (That definitely had
not be factored in the way Bill's problems have during
the past week.)

JMO