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

To: AllansAlias who wrote (42544)	6/19/2002 5:10:34 PM
From: The Freep	Respond to of 209892

As I said earlier, Allan, I think it's news-flow dependent. And not necessarily cuz the news will be good or bad, but I think psychologically right now bulls "need" good news for the market to go up. And tomorrow there's a raft of reports for all sorts of watchers: 8:30 am: Jobless claims 8:30 am: Trade gap 8:30 am: Current account gap 10 am: Leading indicators 12 noon: Philly Fed 2 pm: Federal budget 4:30 pm: Money Supply (M2) Again, while Freepbriefing.com wouldn't expect any of them to come wildly out of expectations. . . psychologically we're clearly at a tricky point with potential for bears to take control or bulls to save the day. Any of those reports could have an impact and tip the balance, imo. Plus there could be a warning or two OR Germany could concede their cup game to the US cuz "there's no way we can win, so why try?" the freep