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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.08

-0.8%

Nov 18 4:00 PM EST

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To: pater tenebrarum who wrote (25382)	9/9/1999 4:49:00 PM
From: Lee Lichterman III	Read Replies (1) of 99985

Oh come on... There isn't any irrational buying going on. Just look at my old favorite KEA. Up 30% today on absolutely no news. My system said to buy it and so did Haim's but did I listen??? Nooooooooo Doh!!!! We will see. I was under the firm belief that the Fed would not raise rates again due to lack of time to see the effects of the last 2 rate hikes. I am a vengefull man but if I were AG and this market rallies hard into the meeting, I would hike it two steps to stop this crud once and for all then when she drops, lower and make a statement that euphoria will be dealt with harshly from here on out. Of course they would have to stop doing the coupon passes every night the market drops a couple points too. I know I am dreaming but .... Good Luck, Lee

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