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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lee who wrote (15198)12/2/2002 11:11:19 AM
From: GraceZ  Read Replies (1) | Respond to of 19219
 
The PPT action was a good clue of bad ISM numbers... R u a believer in the PPT yet <g>

A bunch of traders bet that the numbers will be good when they are disappointed they ditch. I dare say they would have sold even if the numbers were good although maybe a little higher. Typical news driven whipsaw day. The traders send us all over the place leaving a net zero change. The only meaningful question you have to ask is: are we in a bull or a bear?