MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: StockOperator who wrote (13201)	5/7/1999 4:37:00 PM
From: donald sew	Read Replies (2) of 99985

StockOperator, If the rates were to head back below the 5.5% range right now I would say that we could be heading up very strong, and another 500-1000 in the DOW only points would not surprise me under those conditions. The market wants to go up. The problem would be after that runup, which could possibly be a blow-off top. If the rates wouldnt go down, but actually rise after todays good report, what will happens if we get one bad report, like next weeks CPI/PPI. As much as I see that the DOW wants to go higher, so does the interest rates. So which one will win out? Please keep in mind Im only talking about the DOW, and not the whole market. Seeya

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