Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: Johnny Canuck who wrote (27688)	8/22/2000 4:44:06 PM
From: Return to Sender	Read Replies (2) of 68426

The trouble is that from what I heard the FED spewed the typical fear of inflation and we will raise interest rates if needed warning. I'll be honest, this is just what I expected, the market (Nasdaq) should improve because summer is nearly over (fall rally time ahead) and over time I believe we will see numbers that prove that the economy will need lower interest rates to get it going again. Then rates will be lowered and we will be on our way again. Might be after the election before it happens though... so lots of trading for me until then because sustained rallies will be tough as long as rates are high. RTS

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