Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 684.83

+0.6%

Dec 22 4:00 PM EST

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To: Johnny Canuck who wrote (38374)	11/6/2002 3:21:17 PM
From: Johnny Canuck	Read Replies (2) of 69177

The fed cute vy 1/2 point. This has left the market in no man's land though. Shorters did not get the pop they wanted to short. While long did not get a break down to support at 1380 to re-load for more longs. It looks like it has left every one stratching their head. Does it mean the economy is weaker than expected or does it mean the Fed thinks they can still avoid a double dip recession are are trying to be aggressive about stimulating the economy?

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