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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 694.04+0.7%Jan 9 4:00 PM EST

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To: Hank Stamper who wrote (55234)6/25/2000 2:52:00 PM
From: James Strauss  Read Replies (2) of 99985
 
So you don't see a 'hard landing' for stocks?

No David...

In these fast moving markets, the right word or action by Greenspan can turn the market on a dime... Remember the Russian crisis? An interim meeting rate cut reversed a very scared market resoundingly to the upside and new highs... But, the FED will have to put on the brakes this meeting to leave the impression that there is still time to rescue the economy from a hard landing...

Jim
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