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

To: Les H who wrote (22430)8/8/1999 11:12:00 AM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
led to the old Wall Street rule, 'Three steps and a tumble,' he said.

Why does it take three interest-rate moves to jar the market?

''When the bull market momentum builds up, people become so positive, it's hard to kill their enthusiasm,' he said. 'Investors getthe feeling that nothing can hurt them and the market is unstoppable.'

Les, he has it ALL wrong -g-

it's three stooges, a low vix and a trip. -g-

bway.net


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