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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (38374)11/6/2002 3:21:17 PM
From: Johnny Canuck  Read Replies (2) | Respond to of 69181
 
The fed cute vy 1/2 point.

This has left the market in no man's land though. Shorters
did not get the pop they wanted to short. While long did not
get a break down to support at 1380 to re-load for
more longs.

It looks like it has left every one stratching their head.
Does it mean the economy is weaker than expected or does
it mean the Fed thinks they can still avoid a double dip
recession are are trying to be aggressive about stimulating the economy?