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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: SecularBull who wrote (35201)4/3/2001 1:45:48 PM
From: CAtechTrader  Read Replies (4) | Respond to of 65232
 
I agree, the Fed is psychological now, but the Fed started all this by targeting stock prices which is not their mandate...now for them to say they pay no attention to stock prices is to play with a one-sided coin.

FYI, VIX just went above 40, an extreme reading. Pain is palpable, I know 3 people who called it quits today and cashed in their remaining portfolios.