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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: The Freep who wrote (3053)	5/22/2001 9:55:36 AM
From: JRI	Respond to of 209892

OT Well, you gotta admit it is pretty weird that the market had no (strong) reaction and hold after the cuts on Tuesday......was trying to make up its mind Wednesday morn....and then flew....right around the time the action took place and/or news of the action would get out... Early in the repo day process (back in Dec./Jan.-when Fed started the massive pump)...I was watching it everyday, and I swear the market zoomed on days the Fed intervened (in a big way).....I did quit tracking in Feb/March when the last downleg kicked in, so don't know how much was going on then.. Look Freep, the author is just stated another opinion...there are a thousand out there......take your pick...I'd rather have more theories than less.....I think the author's right, btw....this move has little/no fundamental basis..