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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 674.96+0.9%Nov 25 4:00 PM EST

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To: Lee Lichterman III who wrote (31552)10/27/1999 8:38:00 AM
From: Terry Whitman  Read Replies (2) of 99985
 
LEE- Greenspam has been very careful about warning the markets before rate increases. I believe the warnings will come fast and furious over the next few weeks if they are raising 1/2%. He's already warned enough to raise 1/4, IMO. Let's see what he has to say tomorrow.

I cannot believe that any one in their right mind would buy on margin into, 1)a falling market on, 2)a breakdown in the A/D line, with 3)rising interest rates. decisionpoint.com

But I guess not everyone has market technical analysis to show them this. Got to think that most all the pros feel the same way. I can't see too many professionals buying into this. I think that's why the only stocks seeing upside action are greater fool stocks, being bid up by greater fools. BWDIK.
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