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To: Crimson Ghost who wrote (30847)10/18/1998 1:43:00 PM
From: lucky_limey  Respond to of 95453
 
<<The rational for the jump in the market and OSX seems to be that Fed rate cuts virtually guarantee that the global economy will turn around next year. That is why these stocks have bounced so strongly with no improvement in near-term fundamentals.>>

OR - there is bad news coming and the Fed rate cut is a pre-emptive attempt to stabalize the markets before the news is out.

hevans

By the way - I am long ESNJ - got in at $3.00 (thought that this was the bottom)

Heve been trying to day trade BEXP - with little luck. Spread can be huge on this stock. Anbody daytrading mid-cap oils?

Played the last Veritas run (earnings). Look forward to the oily stocks rebound - question is when?