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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 675.37-1.2%4:00 PM EST

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To: UnBelievable who wrote (53601)6/10/2000 12:29:00 PM
From: UnBelievable  Read Replies (1) of 99985
 
Wall St. Dream: A Vacationing Bull

``I worry that the optimism about the Federal Reserve backing off from raising interest rates will drive the stock market up too far, too fast and again at overvalued levels,'' he said. ``When that happens, the market will hit the wall because it would invite the Fed to keep raising interest rates further.''

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