MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.86

-0.7%

4:00 PM EST

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To: Kailash who wrote (40867)	2/21/2000 11:12:00 AM
From: Jerry Olson	Read Replies (1) of 99985

K Man Hey who cares about a crash??? the more that call it, talk about it, etc..it will never happen... it never ceases to amaze me that people talk about corrections, or pullbacks as crashes... all this market is trying to do is move back to the middle of the trading bands...trying to discount the next FED rate hike..probably the last one... this IS an election year...and i really doubt if AG wants to stop the most amazing economy in history...NAH he ain't THAT dumb!!!! and guess what..we have NOT felt the first 4 rate hikes YET...but we will...housing will slow for sure..rate's are moving up into the area where people stop buying..... anyway all the indexs are nearing oversold areas excet the NAZ..but heck we ALL know the NAZ is the New Economy Index...it never goes DOWN....

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