Tuesday, March 18, 2008

psycho

The markets made a psychotic sell-off move after the Fed announcement, only to recover and close at the high tick of the day for all three indices. Plenty of fodder out there to give the bulls reason to initiate some accumulation.
Here's a 2-day cup with handle move I missed today in MA, it didn't even have too much of a reaction to the rate-cut news as most stocks did.

No comments: