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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Square_Dealings who wrote (75251)4/17/2001 10:59:34 PM
From: bobby beara  Read Replies (4) | Respond to of 99985
 
bottoms are characterized by horrendous bad news, like topz are characterized by horrendous good news.

the news is unimportant, the markits reaction is all important.



To: Square_Dealings who wrote (75251)4/17/2001 11:07:32 PM
From: Ibexx  Read Replies (3) | Respond to of 99985
 
michael,

The huge AH rally was catalyzed by Intel's earnings report (released after the bell), and the subsequent conference call during which senior management proclaimed that worst is over.

Seems quite logical to me.

Ibexx