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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 672.07-1.7%Nov 13 4:00 PM EST

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To: Benkea who wrote (18724)6/28/1999 9:56:00 PM
From: HairBall  Read Replies (1) of 99985
 
Benkea: I can't imagine anyone believes AG is not going to hike this week. AG has already laid all the groundwork. The Market has already been prepared. This will be his MO in the future.

The only way I would see him doing a surprise hike, is if the Market takes off with a major relief rally. And I do believe that scenario is possible and even probable. That is why I am looking for a blow off...Spam will most likely slap it down later this year.

Alternate scenario would be an initial quick sharp pullback, followed by a substantial rally. And then of course, the Market could just tank...<g>

Regards,
LG
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