http://biz.yahoo.com...reet.html?.v=21
News
Started by
vitaminm
, Mar 28 2007 11:34 AM
2 replies to this topic
#2
selecto
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- Traders-Talk User
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Member
Posted 28 March 2007 - 11:45 AM
I guess this illustrates the reason why Joe Granville opined that "news is for chumps" because today's intraday reversal started at 10:45 AM, yet that article is stamped 11:37.
Edited by selecto, 28 March 2007 - 11:51 AM.
#3
nimblebear
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- Traders-Talk User
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Welcome to the Dark Side !
Posted 28 March 2007 - 11:48 AM
Good article. They are right. The fed can't move. Lower rates- dollar drops, inflation grows. Higher rates- economy slows.
OTIS.
