On Tue, 28 Oct 1997, Thomas Lunde wrote:

> When the Dow opened this morning, Tues Oct 28, it looked like a losing day,
> by noon the market was climbing and finished over 300 pts.
> 
> I was speculating, was it traders from other markets in the world who
> picked the US and Canadian markets as the most probable to remain secure or
> was it American Funds snapping up bargains?

        Or was it firms buying back their own stocks.  Would be curious to
know where the intitial burst of buying came from, the burst that set off
the recovery.

arthur cordell

Reply via email to