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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: ahhaha who wrote (15221)12/2/2002 2:43:34 PM
From: Lizzie Tudor  Read Replies (1) of 19219
 
thanks- interesting.

I guess since the fed can and does intervene occasionally is an easy segway into the "they're heeerrrreee" thinking.

My belief is that when the fed does prop up the mkts it hits the news, which as you say is deliberate because it is mostly a psycological measure.

Thanks all for the replies on this.
Lizzie
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