Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: westpacific who wrote (3444)	5/6/2001 9:27:35 PM
From: tradermike_1999	Read Replies (2) of 74559

Today showed more of the reasons why I am out of this market - we rallied because people see a 50 basis rate cut. No one is willing to look at the real news. Bush announcing a revision down in GDP and the employment report showing a tailspin. The market goes straight up or straight down. There is no in between. No periods of healthy consolidation...thats why the breaks are so violent.

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