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Politics : Idea Of The Day

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To: Karim Allana who wrote (23461)	2/12/1999 2:06:00 PM
From: James Strauss	Read Replies (3) of 50167

Thanks Karim... Once trends are established, it takes some doing to turn them around... The downward sloping Advance/Decline line and Rising New Lows are trends that are not easily turned around by a short term rally... What's happening here is anticipation of a changed FED interest rate bias because of strong economic numbers... This cloud of uncertainty now hangs over the market... Not even a Clinton Acquittal improved the market sentiment... When the market doesn't respond to perceived good news, watch out!!! Jim

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