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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (15498)12/11/1997 3:27:00 PM
From: Raj  Respond to of 50167
 
Judy,
I guess you called it right, going short on a rally and vice versa.
This 3 month chart of SPX says it all:

bigcharts.com

(set the time frame to 3 months)

Cheers
Raj



To: Judy who wrote (15498)12/11/1997 3:27:00 PM
From: Gaston Teran  Read Replies (1) | Respond to of 50167
 
Folks,
PPI tomorrow morning. I personally would be surprised to see an inflationary number, might help give an early boost to market if it's good. FOMC meeting next Tuesday. I believe from what I've read the general concensus is that rates will be left alone. A question I pose is if they did act, which way would be more likely?

Gaston