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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (21592)7/31/2002 8:39:34 AM
From: Bob Biersack  Respond to of 26752
 
***U.S. economy grew at 1.1% annual rate in 2Q, far below economists' estimates; 1Q rate revised down to 5% from 6.1%



To: Susan G who wrote (21592)7/31/2002 11:17:16 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 26752
 
you pretty much nailed this one.

What was really interesting was they were flat to down all night, and then explode at 5 am. Looked like another PPT prop job that got out of control, I was thinking that maybe the GDP news is so bad they thought they had to cushion the blow first? We will see...but some of the action in the futs at 5 am the past month has been very unusual, (suspicious!) to say the least (g)



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