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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: JRI who wrote (886)2/23/2001 10:00:46 AM
From: donald sew  Read Replies (2) of 52237
 
JRI,

>>>> Next Tuesday, Consumer Confidence number comes out....it will likely be bad....that will be "impetus" for Fed to intemeeting cut (they'll also mention confidence in markets as a reason too <<<<

Not that I ignore fundamentals, but who really knows how the market will react to that news. Lets say it is bad, but somehow someone comes in with a positive spin and the market actually views it as a positive. Who knows, so I just stick to my technicals and accept the fact that I wont make every call, just need to make the majority of the calls.
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