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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: dennis michael patterson who wrote (17893)11/22/1998 8:05:00 PM
From: James Strauss  Read Replies (2) of 42787
 
Dennis:

Jerry Favors has made some good calls but didn't fully take into account the historical significance of three quick rate cuts... Without exception the markets have always traded higher after three rate cuts...

Sometimes watching too many TA indicators can be confusing and clouds the picture... There is more upside to this market by virtue of money going where it's treated best... With interest rates below 5% the stock market will receive the lion's share of investment money for a while regardless of what Jerry Favor's indicators say...

Jim
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