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

To: Haim R. Branisteanu who wrote (29800)	10/1/1998 9:13:00 PM
From: Monty Lenard	Read Replies (1) \| Respond to of 94695

Sorry Haim, I am really not the one to answer that question. Maybe someone else can. One thought though, PPT at work? Monty

To: Haim R. Branisteanu who wrote (29800)	10/1/1998 10:35:00 PM
From: Andeveron	Read Replies (1) \| Respond to of 94695

>> sudden spurt in SP98Z. << Volume is negligible. Futures are up nicely tonight but may fade as the night wears on. It was impressive however to see the S&P futures up as high as 1020 for the December contract. Normal routine where the futures are up but deteriorate as the morning arrives. The last major sell-off at the end of August had three consecutive down days, culminating in the 500+ bloodbath on Monday. During those evenings, futures were up modestly overnight as well. Today was the second day of a broad sell-off so if we should follow the pattern from August, we may test the lows tomorrow... Then a big 300 point rebound on Monday?