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Pastimes : Trading the markets.....

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To: GROUND ZERO™ who wrote (3843)3/1/2001 11:38:58 AM
From: Chip McVickar  Read Replies (1) of 4583
 
Almost with you.
Waiting for a touch longer for another bar or two.

1220 was the bounce off the lower tine of the forward daily fork. 15min and 30min spirals end this morning.
Vix hit 34 on the open

Also all the economic reports have arrived for the week.

>>Don't you think the markets can regulate themselves now that the interest rates are being traded on the open market? <<
This is a great point...!
Add to that the swings of currency trading and derivative markets. In some manner there has to be an agency to stand against market forces. As in Mexico.

With O'neil and Bush we have a non-interventionist-isolationist couple of free market big business Buccaneers. Their first test of authority on an international stage will be a joke.
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