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Strategies & Market Trends : The OEX... gasp!

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To: Stuart Briscoe who wrote (504)2/6/1997 12:34:00 PM
From: Chris Baker   of 658
 
Stuart - Thanks for the input. I signed up for Terry Bedford's "Index Trader's Edge", which has fax delivery and intraday updates. Today's "Index Traders Edge" report is posted at baresearch.com
I'm also still looking at Paragon based on the sample report and your comment.

Concerning the Fed, Thomson MarketEdge had reported that the Fed announced at noon they would not be changing intra-bank rates or something like that. Apparently this was important to the debt markets, but after this I'm inclined to stay away from something I don't understand.

I think the Intel downgrade and subsequent decline yesterday AM had a larger impact on this market than I first thought. If this is the case, how Intel performs from here may help determine where the market is going
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