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To: Henry J Costanzo who wrote (129310)2/9/2006 12:15:25 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Actually, I consider Fed actions to be a sentiment indicator. I watch the action over the following day or two, and and it shows in what mood the crowd was to begin with... up or down. Same thing with other Fundamentals - always interesting when good news triggers a sell off, and bad news - a rally.... -g/ng