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Strategies & Market Trends : Classic TA Workplace
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To: Shack who wrote (135536)8/15/2006 1:27:30 PM
From: wave3rules  Read Replies (1) of 209892
 
Shack I am full agreement with you and am clearly a TA trader. However sometimes fundamentals play to change wave structure on a short term basis, and clearly sometimes announements are a factor, like last week when the Fed made their announcement.

Further I think the PPT can and do have an effect on the markets as they have HUGE amounts of funds to manipulate with, and they dont suffer if and when wrong. I am aware many BLAME things at the drop of a hat. However clearly short squeezes, and sudden large infusion of money to prevent a crash do have effects. Not near as often as many claim, however they are important factors for any shorting the markets.
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