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Strategies & Market Trends : P&S and STO Death Blow's

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To: DebtBomb who wrote (11306)10/17/2002 12:18:36 PM
From: Jeff  Read Replies (2) of 30712
 
that should be good for ramp.....<gg>

this whole ramp started off bad consumer numbers last friday remember....down to 80 from 86...

matter of fact....IBM was the only good news in months....

options week...ignore the bad...turn a crumb into a party cake(IBM)....

next week the bad news will be headlines.....

just looking at news that should move the market.....

so you take the bad employment data....the housing numbers that likely mean a top for them....the bad philly fed...INTC.....consumer confidence down....CSCO orders down that dumped them to 8 bucks.....

and the good news...IBM

looks lopsided to the bad......

nasdaq....174 pt rally...<gg>

looks like the shorts need good news to tank this market....<gg>
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