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


To: bearshark who wrote (38357)3/12/1999 8:04:00 PM
From: Haim R. Branisteanu  Respond to of 94695
 
bearshark, new high is to go higher in a mania. There is little need to push those stocks higher just each by 1/4 to 1/2 more or less.

based on end of day and negative futures indicates to me that many went short early PM only to be able to cover for the push up.

The hype in the media for DOW 10,000 will be so big that most WS and pension managers will not give up to unload the paper to J6P in his mutual funds.

It is a major marketing plot for selling share with free advertising. All they need is 130+ points or less than 1.25% !!

BWDIK
Haim