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Strategies & Market Trends : P&S and STO Death Blow's
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To: 16yearcycle who wrote (13097)11/1/2002 10:27:00 AM
From: Killswitch  Read Replies (1) of 30712
 
The thing is that parts of the market actually feared the numbers this morning would be a lot worse, so when they came in "inline" those people had to change their bet. So it is expected to see some short covering, bond selloff, Euro down back below 1.000 now again, etc. However, this does not necessarily mean that in the longer term we don't reverse these "pops".
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