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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.03

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Nov 21 4:00 PM EST

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To: dennis michael patterson who wrote (31509)	10/26/1999 7:37:00 PM
From: Les H	Read Replies (3) of 99985

raymondjames.com Raymond James economist seems to think if market rises too much, Greenspan will raise rates. If it drops, he will lower rates. >>> >>>In any event, the Fed speeches today and Greenspan's on >>>Thursdays are possibly meant to warn the markets not to >>>rally prior to the FOMC meeting since they don't want a >>>rally and a steep stumble if they raise interest rates. >>>This upcoming GDP report is a newly cooked report which >>>is supposed to increase GDP by an additional 1.5% per >>>year so a surprise could be baked in. >>>

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