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Harley Meyer wrote:
>
> Al,
>
> I noticed that myself. My first observation would be that somebody didn't
> get out of the market the way they wanted to, so they bid up Globex to get
> higher openings in the indexes. If it holds through the morning we could get
> a jump in the morning and probable folks selling the rally in the morning.
> Whether the rally will prevail will be the question. For the most part many
> of these morning rallies fizzle out. But since we have sold off so much
> maybe a few bargain hunters will step in.
Harley,
At 11:35 cst, S&P up 21.40, NSD up 25.75. Was a small buyer in the last
30 minutes today. HDI, MER, ONE. Only need about two hours of rally in
the morning for me. Love to quit "work" at 11am.
In an early evening post today, Harley wrote "...on when does one take
profits in times like these - i.e., a wind fall profit."
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