MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.27

-0.5%

Dec 1 4:00 PM EST

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To: HairBall who wrote (14249)	5/18/1999 10:03:00 AM
From: Stephen	Read Replies (1) of 99985

As per one of my previous messages .... am I right in thinking that if the Fed doesn't change (overwhelming consensus), then a shift in bias will mean that the bond market will feel that the Fed is worried about inflation and sell off, unless it feels the Fed is on top of inflation in which case it will strengthen????. And if the Fed doesn't change bias then everythings hunky dory .... except it may mean they are not on top of things which will get everyone worried !!. Is this a non-event or am I missing something ?? ** Kathleen Hayes just covered the matter ..... TIA Stephen

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