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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: rcksinc who wrote (6376)4/28/2008 1:33:09 PM
From: skinowski  Read Replies (1) of 41469
 
Since the action by the fed is likely to be small to none, the market's reaction to it should be a pretty clean reflection of the public unconscious mood. It would show us what the markets really "wanted" to do. As far as charts go, they have been rather grindy, and could just as easily "call" for a pullback - or for a hard acceleration. If we pull back, I'd be a buyer, and if we run I'll continue to unload - and watch what happens.
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