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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: DD™ who wrote (1495)10/8/1998 8:22:00 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 15132
 
DD: You devil <GG>. Thanks for the link.

I liked this comment and hope he posts this again tomorrow: " If the Composite bounces tomorrow, all bets are off for now. In that case a move to the downside may be delayed."

I would like to see a delay for another 10 years.

I agree with at least one point: the NASDAQ was ugly today.

So, does he see a rally off of this or are we going all the way to zero?

Transports have been priced for a recession; financials are priced for doom and gloom plus. Their bounce was a big reason for the late day rally today.

Techs are now going out of business according to the market.



To: DD™ who wrote (1495)10/9/1998 9:27:00 AM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
Late day rally in a number of the big-name financial stocks may be indicative of a bottom/near bottom in that sector???

bloomberg.com