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Strategies & Market Trends : The Amateur Traders Corner
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To: Tom Hua who wrote (8738)4/27/2001 8:45:11 AM
From: Dale Baker  Read Replies (3) of 19633
 
If the economy avoids recession and we already have 200 basis points in cuts ready to flow into business decisions, why would we need more cuts?

We are far from having firm answers to macro economic issues like this, but today smells like another piece of the market base we need to build now for the next leg up (a sane, sustainable leg up this time in the Naz, I hope).

Just some random thoughts. But I smell some shorts roasting in pre-market; could be another melt-up day in the Naz if this spike can hold past the open.
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