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But, technical analysis said that the stock market was ready to roll
over on 15-Oct, UNLESS THE FED DID SOMETHING. Since Alan Greenspan is a
technical analyst (all right - a market behaviorist, which is really the
same thing), it was reasonable to look for a rate cut between meetings
(which is exactly what I was doing). I got lucky with a PHONE ORDER on
eminis after I heard the news of the cut on CNBC!
Steve Poser
Poser Global Market Strategies Inc.
http://www.poserglobal.com
Szilassy wrote:
>
> >A few months ago I had my order screen filled with a buy on Citigroup,
> >right as I was listening to Alan Greenspan on CNBC.
> >As soon as he announced a drop in rates, I pushed the button. Technical
> >analysis didn't enter in to this trade.
> >
>
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