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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: Doug R who wrote (17974)	6/20/1999 2:33:00 PM
From: Jerry Olson	Read Replies (1) of 99985

Hiya Doug.. havin' fun???<g>....us PA guys get no respect pal... question...AG raises rates .25 basis points on Tues... based on my own feelings about this event, as "already being factored in?"...don't think so...i called for 1000 point drop in the markets because of this possiblity...when ever it happened, now or in the future.. and Doug, he might opt not to raise here, and wait till Aug as his last resort...with Y2K problems coming late this year, no way he moves past Aug... anyway...we assume he moves on the 29th... we tank, because "IT's REALLY HAPPENED"..but your downside target of the DOW is 9700??? is this based on the S&P's???? we then assume, the FED moves to neutral, and then a ballistic rally to the upside insues post haste...or, eco numbers continue to scare the markets futher.... watcha think??? OJ....

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