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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.73-0.2%Dec 15 4:00 PM EST
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To: pater tenebrarum who wrote (48535)4/28/2000 12:45:00 PM
From: Les H  Read Replies (1) of 99985
 
Half the economists now see a 50 basis point hike now. The morning of the next Fed meeting is also the date of the next CPI report. The date also fits well with the Presidential year pattern - the market has never gone down in the last 7 months of an election year. (This is not to say that the market will go lower than the April low this time).
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