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


To: James F. Hopkins who wrote (24592)9/2/1999 2:38:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
3 minute bars just put in the first higher low and higher high in hours. Bond not moving favorably so at this point in time, it is just an observation but not a sign to buy in the over all picture.

Good Luck,

Lee



To: James F. Hopkins who wrote (24592)9/2/1999 2:46:00 PM
From: Benkea  Read Replies (2) | Respond to of 99985
 
Jim:

"If it's so serious I don't see why they couldn't get a little
closer with the percent , why a 57% probablity could mean anything from 56.5% to 57.5% shucks , I wonder if that % will change any
from now till Oct, no I guess not now that the experts have
fixed it.."

These guys are the pros. You have to read between the lines. Translation for novices: The Fed is ever so slightly more likely to raise than not. I guess that's why those "smart" guys make the big dollars <g>.