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Non-Tech : How will the market (DOW/NASDAQ) move and why? -- Ignore unavailable to you. Want to Upgrade?

To: Brasco One who wrote (16)	5/13/1999 9:34:00 PM
From: MIKFREE	Read Replies (1) \| Respond to of 18

I think most of the Naz selling today was maybe continued concern over Rubin, and Yeltsin is facing charges and the world is going to hell. Whatever, people are panicking, i think, but there are still a lot of bulls out there who are not gonna let things drop too far, IMO. What i don't understand is why would the Naz fall and not the DOW, if it was a general concern like this? Maybe i am missing something, just putting down my thoughts. I did hear that only a few stocks were keeping the DOW up so far, so maybe there was a lot of selling in both indexes. I think tomorrow we will either see a relatively neutral or positive day for both indexes. The bulls who trade end of day will see buying opportunities and maybe keep the bears in check. I say this because of the sharp rebound yesterday morning, which shows there are a lot of people out there who aren't jumping on the panic bandwagon. JMO, and maybe a little rambling too<g>. Cheers, Mike