MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

4:00 PM EST

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To: HairBall who wrote (16634)	6/10/1999 8:28:00 AM
From: Lee Lichterman III	Read Replies (3) of 99985

Just logged on and see Don's magic has worked again. Obviously this is being seen as bad but curious why the surprise rate cut in China and London are good for foreign markets (Korea up 6%) and seen as bad for our market. TYX already up to 6.05. I am still dumb when it comes to money rates etc and how it affects the big money hedging etc. I take it this will make it profitable to move money out of our market and into their markets???? TIA and Good Luck, Lee

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