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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.97+0.1%Nov 7 4:00 PM EST

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To: Crimson Ghost who wrote (40951)2/22/2000 11:58:00 AM
From: The Ox  Read Replies (1) of 99985
 
George,
I agree that fighting the FED is a policy for disaster but I find it hard to believe the FED is ready for another series of rate hikes. The last hike probably hasn't even had a chance to make a wave yet and I don't think the FED will stomp on the breaks just to make a point. We've had a series of hikes and I suspect that these will sufficiently slow things down, for now anyway.

What's your view on the MSDW article?

Michael
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