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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: JSB who wrote (740)12/15/1998 9:22:00 PM
From: pressboxjr  Read Replies (1) | Respond to of 57584
 
JSB, it is unhealthy because people are looking for any excuse to sell, IMO.

Hey, Christmas, tax losses, warning of earnings, impeachement. They are almost over with now.

I look for this market to rally huge once the dust settles.

Bottom line, this market reacts to any kind of news. Look at last Friday for example. The Dow was down and on it's way to tanking big time (and I even posted about it), when all of the sudden Clinton says that he will speak after the market closed. The Dow suddenly went from about 100 down to almost into positive territory.

What does that say about our beloved market?

This drop we have had is mostly about Clinton and the impeachement process.

JR