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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (3236)12/6/1998 2:07:00 PM
From: James Strauss  Read Replies (3) | Respond to of 13094
 
Counter Market Moves...
~~~~~~~~~~~~~~~~~~~~~~~~~
With an accommodative FED stance and lower unemployment numbers there is a sense that it's safe to invest... Friday's counter market performance to an unemployment number that normally would send fears of a FED tightening through the markets has sent us a strong signal that the market wants to go up...

One of the lessons I've learned is if the opposite thing happens that
you would normally expect, go with the reaction... The market has a
way of giving mixed signals, but the actual market reaction to the
news is the key for future market direction or individual stock
direction
...

Jim