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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: marginmike who wrote (2910)5/12/2000 10:56:00 AM
From: J.T.  Read Replies (1) of 19219
 
Everybody is waiting for Tuesday.. LOL

Its already priced in. If Greenspan doesn't raise it a 1/2 point he is a FOOL. The market wants it and expects it.

If they only raise a quarter because PPI and CPI numbers look benign they are making a mistake.

Like I said, they raise 1/2 now, 1/4 in June and they are DONE.

Market still hasn't figured it out.

If they only raise 1/4 on Tuesday for me the market could sell off it will drag out how many more raises question.... GET IT OVER WITH. 1/2 RAISE IT. We are near the end of the rate increases.

Volume will show up after Tuesday, but nowhere near levels in March since the Aprill bloodbath sucked the day traders and momentum players down the drain.

Unless they only raise 1/4, for me the lows are IN. ITS RALLY TIME.

Best Regards, J.T.
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