Ned Collins
![Ned Collins](/assets/img/authors/unknown.jpg)
Ned Collins
extent rally small surprised
With the market's oversold condition, a small rally is expected. The extent has surprised everybody.
carry chin expected palm people took
I think people expected Palm to carry the day. When 3Com took it on the chin a little bit, people were disappointed and started to take some profits.
announced cash favorable finally lower market mergers people positions putting throwing today towel
You've got some mergers that were announced today that are very favorable to the market. People who thought the market was going lower are finally throwing in the towel and putting their cash positions to work.