To: tmp02
Some really weird activity in the stock market...a hugh drop...but maybe it is nothing.Since when is a drop of less than 60 points is a "huge drop"?! The last time that would have counted as a huge drop was probably the 70's, or early 80's at the very latest. So the market's off a bit. Big deal. Unless you're a day trader it isn't significant.
To: brucecw
"Hugh Drop" is relative. Usually when Fed speaks, it will not drop so abruptly. Instead it would taper down for an hour or so and then slowly come up...not straight down in such a short time...but hopefully it is only the Fed...
1,256 posted on
01/28/2004 11:42:26 AM PST by
tmp02
To: brucecw
Since when is a drop of less than 60 points is a "huge drop"? Agreed, not that unusual. What is unusual is the abrupt rise in 10-year treasury yields. You don't see a 15-minute pop like that often, if ever.
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