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To: yard_man who wrote (7168)9/29/1998 3:21:00 PM
From: Joseph G.  Read Replies (2) | Respond to of 86076
 
Daytraders (*) covering shorts? Suckers buying MFunds?

I have not read any spin yet, but it would be hard to spin 1/4% as a MAJOR plus for equities, wouldn't it?

(*) easily spooked, shellshocked, gunshy daytraders ?



To: yard_man who wrote (7168)9/29/1998 3:24:00 PM
From: Cynic 2005  Read Replies (2) | Respond to of 86076
 
<<How bout that turnaround >>
IMO, all these swings are short-term (Fed move associated) longs and shorts closing their positions. I think slowly it will drift down and then slump towards the weekend.
-MMV