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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: HairBall who wrote (55432)	6/27/2000 10:05:00 PM
From: Sam Scrutchins	Read Replies (1) of 99985

>>>> Betting right before a FOMC meeting is for the nimble only...<g> <<<< You got that right. I bought Puts on CSCO today. We have had a little pull back on the falling Nasdaq. It didn't last and should turn still lower tomorrow. Here's betting that the odds have increased for another 25 basis point rise tomorrow, coupled with strong rhetoric about the continuing strong economy. Housing data has always been important to the Fed, and this time should be no different. IMHO. Sam

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