MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

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Nov 26 4:00 PM EST

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To: Haim R. Branisteanu who wrote (18932)	6/30/1999 12:53:00 PM
From: John Pitera	Read Replies (1) of 99985

Haim, I believe we will see a stronger move by the Fed either a 50 basis point rise in the FF rate or terse language to be released with the 25 point move. I believe that the bond market will rally over the next few weeks and a more restrictive policy by the Fed will provide the fuel for such a move.

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