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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 21 4:00 PM EST

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To: Barbara Barry who wrote (1721)	12/14/1998 3:28:00 PM
From: Trey McAtee	Read Replies (1) of 99985

barbara-- its like everyone suddenly woke up from the fantasy land created by the rate cuts and the idea that impeachment would go away. brazil might devalue?no...really?<G>. the really scary thing to me is that all this makes me wonder if the rally from OCT 8 was...<gasp>...unjustified!!!!<G>. seriously though, we forget then we relearn.i will be expecting some kind of rally if congress just sticks with censure. i argued about this with my partner last night for a while...we came to the conclusion that its not really the news which is bad (at least on an item by item basis). no one really cares if clinton stays or goes. its just that when you combine impeachment with brazil, japan, bad earnings (another 'suprise'<G>) it becomes a big deal. its all a little funny if you think about it...and arent in an index fund<G>. good luck to all, trey

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