I don't think Carl uses news like that, his range estimates seem to work regardless of the news. Just my observation, not actual knowledge from the man himself. Carl - awesome with the S&P 903 low estimate, and with setting up twitter...you've got quite a following already!
Nice timing with a good philly fed number!!
ReplyDeleteI don't think Carl uses news like that, his range estimates seem to work regardless of the news. Just my observation, not actual knowledge from the man himself.
ReplyDeleteCarl - awesome with the S&P 903 low estimate, and with setting up twitter...you've got quite a following already!
There is plenty of front-running going on.
ReplyDeleteIs it really all that new for the major market participants, when we all hear the "news" on the TV?
The "news" becomes a means of drawing in the suckers who act on the news.
The market has her own independent mind. It is amazing that Carl can read her moods so well!