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Strategies & Market Trends : The Player's Club
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Soumen Barua who wrote (5157)2/1/2000 3:48:00 PM
From: Chip McVickar  Read Replies (1) of 11513
 
Soumen,

>>Here is a more serious answer<<

Soumen, my statement was and is serious.

The first part of my scenario is coming true, the market is being run up into the close and is nicely above the SPX median line as described. The players are expecting 0.25...

They will get 0.50 and a bias towards tightening.

The problems are International pressure and a new round of currency weakness, etc....

>>Blistering U.S. Growth Worries IMF
The United States needs to tame blistering growth and raise interest rates soon to prevent the world's top economy from overheating, a senior International Monetary Fund official said on Saturday. <<

Chip
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