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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

4:00 PM EST

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To: radames who wrote (33364)	11/13/1999 4:57:00 PM
From: GROUND ZERO™	Read Replies (1) of 99985

I don't think the FOMC meeting will make a bit of difference... these markets just broke out all over the place... NAZ is in the early phases of a runaway market.. call it rational exhuberance, it makes good sense for these markets to move higher.. the world is becoming high tech and Japan is recovering very nicely... some are calling it a blow off, but I don't think so... I think we're moving to the next plateau... next stop for the NAZ is 3500 and beyond... all the other averages will catch up pretty soon and we should be seeing new all time highs all around the board.. I think Greenspan will announce that they will not tighten, but will maintain a tightening bias... yeah, well, okay.. big deal.... woof, woof.... I can bark all day too and see how many people I can scare.....<g> My Best Regards. GZ

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