| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 674.1 | | ZENDIA::FERGUSON | Red X | Fri Feb 04 1994 18:28 | 1 |
| Yup, i think up 1/4 of a pt; dow is off 75 pts as of 5 mins ago.
|
| 674.2 | | CADSYS::CADSYS::BENOIT | | Fri Feb 04 1994 18:34 | 5 |
| Greenspan has adopted the German method of annoucing rate hikes....do it right
after the meeting, and avoid the usually leaks....caught a lot of people
off guard.....time to buy more!
/mtb
|
| 674.3 | Lots of Profits out there!! | SWLAVC::HOSSEINI | | Fri Feb 04 1994 20:40 | 30 |
|
well this is how we finished today:
** Digital Stock Quote as of 16:00.(EST) 4-FEB-1994 **
DEC Stock: 28 3/4 -0 1/2
Dow Jones: 3871.42 -96.24
What is amazing is that all the so called gurus, analysts, etc.
have been predicting the rise in short term rate. Instead, they
were all saying "this is now an earning driven market & NOT an
interest rate driven one".. Well so much for that!!
As I see it, there is a lot of profit in the market. And when people
have profits they get nervous and will bail out to keep the profit.
(although when they have a loss they become more risk takers!! Look
at all of us DEC stock holders)!!
It is also interesting to note that the undervalued and beaten up, value
stocks did fair very well (Phillip Morris -1/4) whereas the high
fliers (motorola, ge, etc. 3-4 points losers)...
I guess we will see and hear from a lot of those same preachers this
weekend trying to predict what will happen on Monday. Once again the
thinking is "that a sharp sell off on Monday is the beginning of
more bad days ahead".
Now only if my commodity broker had the guts to sell March S&P 500
this morning at 481.4 instead of waiting to short it at 482 oooochhhhh!!!
|
| 674.4 | in case anyone's interested..... | CADSYS::CADSYS::BENOIT | | Mon Feb 07 1994 17:58 | 3 |
| the Fed didn't do anything today....DOW up 33.3 points.
/mtb
|
| 674.5 | Maybe the Fed did do something | VMSDEV::HALLYB | Fish have no concept of fire | Mon Feb 07 1994 19:22 | 11 |
| DJIA up 35, but the S&P was up the equivalent of about 15 DJIA points
and the broader NYA index was up the equivalent of 12 DJIA points.
The even broader Value Line was up about 8 DJIA points.
If I were a government agency trying to manipulate the market I'd buy
S&P futures contracts and DJIA component stocks. We'd get results
similar to what we saw today.
Just an observation.
John
|
| 674.6 | | SUBURB::THOMASH | The Devon Dumpling | Tue Feb 08 1994 14:08 | 7 |
|
Well, FTSE dropped about 100.
However, we lowered our interest rates 0.25% to 5.25% and it's
picking up again.
Heather
|
| 674.7 | Humphry-Hawkins today | CADSYS::CADSYS::BENOIT | | Tue Feb 22 1994 13:29 | 4 |
| Greenspan says, higher interest rates are "essential" even though it will hurt
the economy.....no ripples in the market.....yet.
/mtb
|