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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

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Nov 21 4:00 PM EST

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To: Ramsey Su who wrote (7638)	3/6/1999 1:57:00 AM
From: Hawkmoon	Read Replies (1) of 99985

I am willing to bet that before the year is over, he willing be doing the 3 rate drops again just to keep us from heading too fast into a recession. Ramsey, You're right on the money. I fully expect that foreign devaluations will force the Fed to lower rates even more to create weakness in the dollar. What will be really interesting to follow is how depositor withdrawals of "mattress money" in anticipation of Y2K will affect interest rates. It will be a tug of war of monumental levels, I'll wager. Regards, Ron

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