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Strategies & Market Trends : Classic TA Workplace

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To: The Freep who wrote (58790)11/6/2002 4:16:27 PM
From: bcrafty  Read Replies (1) of 209892
 
We were all staring in at our screens in disbelief
after that sharp puke, with our mouths hanging open, wondering whether to buy or sell <g>

Actually, when I saw the 50 BP cut I thought we'd rally straight away; it was the puke that caught me off guard, (but was appreciated because it allowed me to cover the short I entered minutes before the announcement).

Anyway, we'll probably see an overseas bounce that will lead to some kind of follow through, especially with the CSCO news. It looks like we got our "trifecta" after all. (Republican victory, 50 BP rate cut, CSCO beating estimates)
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