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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 685.66+0.2%Dec 5 4:00 PM EST

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To: Dragon 1 who wrote (24020)8/28/1999 12:37:00 AM
From: Dwight E. Karlsen  Read Replies (1) of 99985
 
Anyone shorted today will be a champaine popper next week.

I think so too.

"What is so intriguing is that this type
of behavior has characterized human interaction with
little appreciable difference over the generations,"
Greenspan said. "Whether Dutch tulip bulbs or Russian
equities, the market price patterns remain much the
same."


cbs.marketwatch.com

Also interesting is that it seems that the more the market rallies, the more the Fed will raise rates. That was the gist of what I got out of the comments highlighted by the cbs.marketwatch article. Ignore the Fed and they will bite.
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