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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Doug Robinson who wrote (42286)5/27/1999 3:51:00 PM
From: lee kramer  Read Replies (4) | Respond to of 120523
 
Douglas and other traders: I may be a fruitcake (Suzy frequently calls me this and worse), but I pose this situation: We got a long weekend coming up; rumors of an imminent Fed rate hike are spooking the market (I think this is nonsense); traders wanna go home pretty flat by Friday's close; the market (Dow) looks terrible now. So they should tank 'em pretty good tomorrow. But come 3:30-3:50...if you see the markets moving up, or some of Jenna's favorites moving up...something's wrong with the bearish scenario.
I'll be a buyer late Friday if there's no dumping.