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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (43)	9/3/1998 4:40:00 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 10675

Sun, I use daily charts. I don't think that any certain external news phenomenon actually makes the market move up or down. It seems that when the market finally and independently responds to its own internals, the media attempts to assign an economic or political reason for that market move. Today, it's Russia. If this market action occurred last April, then it would probably be blamed on Clinton and Lewinsky. I think the news may aggravate or mitigate the existing immediate market action, but the nature of the news is largely irrelevant. GZ