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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (10850)2/28/2002 12:38:43 PM
From: bruceleroy1_-  Read Replies (2) of 19219
 
But wouldn't the big move off the bottom have already discounted most of the good economic news that is now coming out. Then wouldn't the markets need even better news to move higher? Sort of like when a stock moves up ahead of its earnings report. If the report does not exceed the expectations already priced in, the stock price will sell off.
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