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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 672.07-1.7%4:00 PM EST

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To: Jack T. Pearson who wrote (37339)1/13/2000 1:45:00 AM
From: Jacob Snyder  Read Replies (1) of 99985
 
good post,

especially, "the Fed will over-correct this year. It is the classic control system problem where sampling and control are much quicker than system response." I hadn't thought of it that way, but I think it says it about perfectly.

We're already 6 months out from the first hike, with no discernable effect.
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