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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (17974)6/20/1999 1:22:00 PM
From: jjs_ynot  Respond to of 99985
 
MACD has broken over 0.

I have not found a high correlation in stochastics and MACD from a statistically significant sense.



To: Doug R who wrote (17974)6/20/1999 2:33:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 99985
 
Hiya Doug..

havin' fun???<g>....us PA guys get no respect pal...

question...AG raises rates .25 basis points on Tues...

based on my own feelings about this event, as "already being factored in?"...don't think so...i called for 1000 point drop in the markets because of this possiblity...when ever it happened, now or in the future..

and Doug, he might opt not to raise here, and wait till Aug as his last resort...with Y2K problems coming late this year, no way he moves past Aug...

anyway...we assume he moves on the 29th... we tank, because "IT's REALLY HAPPENED"..but your downside target of the DOW is 9700??? is this based on the S&P's????

we then assume, the FED moves to neutral, and then a ballistic rally to the upside insues post haste...or, eco numbers continue to scare the markets futher....

watcha think???

OJ....