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

To: Les H who wrote (23649)	8/23/1999 6:27:00 PM
From: stockycd	Read Replies (1) \| Respond to of 99985

Thread, Here's the situation as I see it... -The Fed does nothing. Reaction--Inflation fears creep into the bond market and equities tank. -The Fed raises a 1/4 point with neutral bias. Reaction--Sell the news. -The Fed raises a 1/4 point with tightening bias. Reaction--Sell the news and sell the bias. -The Fed raises a 1/2 point and takes a jog to the Pentagon and back. Reaction-Rally! Greenspan is obviously taking good care of himself and will be around another 2-4 years and preserve our bull market<GGG> -The Fed does any of the above with the announcement of Greenspan's resignation. Reaction-It'd be good to be short... Chris