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Strategies & Market Trends : Classic TA Workplace

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To: ajtj99 who wrote (34536)3/19/2002 2:36:23 PM
From: The Freep  Read Replies (1) of 209892
 
AJ -- that "fourth move" theory isn't mine! It was proferred by some mutual fund guy a year or two ago. I haven't seen it proven in particular, and I thought it was pretty funny at the time. Nor do I think today's action has really tipped its hand much. The neutral fed call has produced a neutral reaction so far, seems to me. Yeah, we're down a little, but not markedly and not in a panic way. Patience. We have seen the market fall from this scenario, and we've also seen it rally hard.

the freep
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