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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 684.45+0.1%4:00 PM EST

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To: pater tenebrarum who wrote (35215)12/15/1999 12:09:00 PM
From: theRedDog  Read Replies (2) of 99985
 
>>>>>>
Bobby, could well be...however, with the Fed throwing another coupon pass into the fray, all ST technical bets are out of the window, as the mad rise commencing right after the announcement amply proves...
<<<<<<

I guess the say "Don't fight the Fed" cuts both ways...

It's quite clear that Greenspan doesn't want any surprises coming from the market before January 1st. What's for us the day after? (rethorical question. No need to answer)

BTW: I'm unloading some QCOM & SUNW from my LT portfolio, and accumulating MSFT. I think it has consolidated for a long time, and it's ripe for a strong move up.
Can anybody with more TA knowledge than I tell me what a likely target for MSFT would be?

TIA,

theRedDog
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