Josef Schächter (September 16, 1901, in Kundrynce, Galicia – March 27, 1994, in Haifa) was an Austrian rabbi, philosopher and member of the Vienna Circle from 1925 to 1936. (wikipedia)
When the techs in the States went, the Canadians backed off as well. The whole falloff late in the day was as people backed off on the other side (U.S.) of the market.
This whole thing is, everybody's waiting for Friday. People are worried about the Fed raising rates.
People are beginning to believe more and more there will be a rate cut and that Greenspan's testimony will indicate that's what is going to happen. So you have the financial stocks very strong on both sides of the border. The Dow really takes off and the TSE joined the party.
The big thing was the U.S. market had a good day today.
Bonds are not doing anything. The earnings coming out are okay.
