To: William McKinley
As I mentioned recently on the Nasdaq 2000 thread, the norm has been that whenever one of these exuberant market threads goes up in the morning, stocks tank in the afternoon trade. Should be interesting to see if the trend holds.
20 posted on
12/09/2003 6:45:45 AM PST by
AntiGuv
(When the countdown hits zero, something's gonna happen..)
To: AntiGuv
Time will tell!
To: AntiGuv
the Nasdaq sold off (profit taking) after it hit the benchmark. It has been on a much higher run than the Dow. The dow "type" stocks will benefit more from a higher Euro and lower dollar scenario. It may not close above 10,000, but it will be there by the end of he week.
41 posted on
12/09/2003 6:54:02 AM PST by
amexmike
To: AntiGuv
I must say, you have been right about this. Whenever the markets are up early, then tend to have a sell-off late. Often (not always) when they are low early, they have a slight rally late---though seldom a large one.
47 posted on
12/09/2003 6:55:15 AM PST by
LS
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