Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 652.56

-1.5%

4:00 PM EST

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To: dppl who started this subject	11/6/2001 3:45:43 PM
From: j g cordes	Read Replies (1) of 68152

Hi everyone, have been traveling again, but stopping in to see how the rate cut is being played out in equities. Don't fight the Fed.. seems to be the word. Although looking at some high flyers like IBM the volume stinks..which could be attributed to trading being slow prior to Fed release. Can't find a rate of volume indicator so problem is moot. May be a rally that doesn't have legs after a day or so.

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