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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: el paradisio who wrote (50597)5/12/2000 5:10:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 99985
 
Well Oil hit $30 intraday closing at $29.61, well above the $25 low of April. Oh Gee now how will May PPI come out? or they will ignore the price rise again as seasonal.

BTW PPI was actually flat if not for adjustments.

CRB also is not abating and it seems that the weather does not cooperate with the grains.

Wonder how the market will react to 50 bp rate hike.

Haim
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