MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

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To: Haim R. Branisteanu who wrote (18701)	6/28/1999 8:33:00 PM
From: stockycd	Read Replies (2) of 99985

Let them have their rally. When the FED slams the door shut on this market Wednesday afternoon, we'll see which way it goes. I have been fairly bullish for the last few weeks but today made me turn the other way. Rallying into the FOMC meeting while staring a 1/4%+ rate hike and continued tightening bias is not my idea of a joke. I think the FED wants more correction. I shall not fight the FED. Chris

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