MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 685.66

+0.2%

Dec 5 4:00 PM EST

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To: HairBall who wrote (48445)	4/27/2000 7:32:00 PM
From: kami	Read Replies (2) of 99985

LG..What is your analysis of today NAZ action? I hear most believe today was the bottom. I am 100% cash now. I am still concerned with inflation and next FED meeting in May 16th. If this is the bottom, NAZ will certainly react and nervoues prior to and a week before the meeting. We may consider rate hikes will not hurt Tech stocks and effect old economy anyhow..or AG rate hikes in past and future do not cool down the economy. Today's data were very inflationary and strong. Thanks for your advise. Rgds..Kami

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