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Geez, what is going on today eh?

Market closes in fifteen minutes and buyers are still pouring in in droves.

NAS up over 250 points or 9+ percent, 2.1 billion shares traded with 1.77 billion of those advancing.

Other indices having the same kind of action broad based.

What's up with this??
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...aaaaaaaaaaaaaahhhhhhhhhhhhhhhhhh!!!!!!!!!!!!

...are they selling cabbage patch kids again!!
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...is anyone short?
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Maybe not after today. I'm sure a whole lot of what we saw today was big time short covering.

I'm not convinced that investors are suddenly willing to pay hundreds of times earnings for very risky companies when just yesterday they weren't. I know the market has a short memory but this is ridiculous!

Rt.
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..Hey I don't write the rules, I just follow them!..=p, one of the rules is 'intra-day don't question strong price-volume price action.'

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STAMPEDE!!!!!!!!!!!!!!!!!!!!!!!!!!
GO BABY GO!
Daniel
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>>...is anyone short? <<

I know they get taller! :-)

K
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..is anyone short?

Well, in the immortal words of George Constanza
(Seinfeld character for non-fans) when his date accidently saw his 'equipment' after a cold swim:

"There was shrinkage!"

There oughta be a law...

Bye
FrankZ
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