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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.73

-0.2%

Dec 15 4:00 PM EST

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To: Dwight E. Karlsen who wrote (33377)	11/14/1999 12:01:00 AM
From: John Carson	Read Replies (1) of 99985

Dwight, agree with your theory 100%. Its ironic that whatever AG does will tank the market not the other way around, the market has priced in the best of both worlds already. Will be interesting to see whether market realizes that sometime before FOMC meeting. I already bought my index puts (QQQ) late last week, should have waited until tomorrow like you. IMHO, AG will raise rates on Tuesday simply because he has to do it sometime why not when the market could not care less what he does. That does not happen too often. AG will take advantage of that, raise rates then sit back and watch Y2K unfold.

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