Any of you oil and/or stock pro's like to comment on today's market action?

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-- Ron T. (RonT@earthnet.com), January 25, 2000

Answers

It would appear that someone REALLY wants to keep the DOW above 11000.

-- J (Y2J@home.com), January 25, 2000.

Only those desiring to reap more profit from stock price increases, and those bettng through call options, Ron.

-- Joseph Almond (sa2000@webtv.net), January 25, 2000.

No, but I'll comment on stock market action in the future. One of these days its gonna hafta dip in response to +$35 crude and +$1.60 retail diesel/heating oil prices.

-- Downstreamer (downstream@bigfoot.com), January 25, 2000.

1. Tech stocks are WAY WAY overpriced.

2. There is no conspiracy to keep them there.

3. They are not some kind of cumulative mass; they are individual stocks.

4. They will probably fall in price, and probably come back.

5. In my stocks, at least, today's action was light.

6. Oil is always cyclical, and OPEC is never as cohesive a group as it would like to be.

-- I'mSo (lame@prepped.com), January 25, 2000.


Obvious answer is that TPTB have to prop up the market until Manhattan is iced over and inaccessible to employees, and the Exchanges have to shutdown due to severe weather conditions. The ice storm in New York this evening shoudl do the trick.

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-- Squirrel Hunter (nuts@upina.celltower), January 25, 2000.



We'll see what effect the tech company earnings reports have on the tech sector. There are only so many money-losing tech company stocks out there. The market's love affair with them is truly puzzling. You can't live on a credit card forever, even if that credit card is called venture capital.

-- X (X@X.com), January 25, 2000.

Look at the volume/price graphs for the end of trading today (Tuesday). It SURE looks like the PPT found the haqndle at about 3:30 PM.

C

-- Chuck, a night driver (rienzoo@en.com), January 26, 2000.


The pause. Personally I ignore the noise of daily action and wait for the close. Nothing suprising though.

-- Squid (ItsDark@down.here), January 27, 2000.

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