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


To: pater tenebrarum who wrote (22922)8/12/1999 11:07:00 PM
From: kimberley  Read Replies (1) | Respond to of 99985
 
HB,

A friend and I were discussing this the other night... the market has accepted a rate hike, and will most likely rally when it's announced.
NO hike (which I discount) will be a super whammy.

what happens if cboe doesn't open tomorrow? has anything like this ever happened?

dollar weaker tonight.



To: pater tenebrarum who wrote (22922)8/12/1999 11:07:00 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
We'll have to see what happens to the dollar tomorrow. The Japanese GDP estimate was revised upward, which was a surprise. The Yen is rising as a result. If PPI also surprises to the upside, the Dollar will have two strikes against it for tomorrow.