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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (24471)11/20/2001 8:34:38 AM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Looks like some fools bought the trade balance "surprise."

washingtonpost.com

Knock $11 billion out of that, and the number is worse than expected.

08:31 ET Economic Data : The September trade deficit narrowed to $18.7 bln, far smaller than the $26 bln consensus, though this surprise was due entirely to an $11 bln decline in imports tied to insurance claims following the Sep 11 attacks. These distortions make it unlikely we'll see any reaction to the report. (briefing)



To: Terry Whitman who wrote (24471)11/20/2001 8:35:52 AM
From: KM  Read Replies (1) | Respond to of 52237
 
Terry, to quote a trader I like and admire, "my disgust with this rally is reaching a fever pitch" All we need now is a capture of BL to bring the last dumb money off the sidelines.

But I have to say as a daytrader/scalper, the liquidity is better now than I've experienced in well over a year. Looks like a lot of mom & pop money in there again or maybe the mutuals still haven't gotten it.



To: Terry Whitman who wrote (24471)11/20/2001 8:53:26 AM
From: donald sew  Read Replies (2) | Respond to of 52237
 
Terry,

>>>> Am I reading this right? 10 yr. note chart from an E-wave perspective suggest higher rates ahead??
investavenue.com <<<<

Im no e-waver. Im more like Brookelise when it comes to reading e-waves, where I spot 20+ waves. gggggg
What bugs me is the rate of incline of the 10yr notes after the fed cut another .5% and after the notified that 30 yr bonds will be discontinued.