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


To: donald sew who wrote (24792)9/3/1999 1:04:00 PM
From: Benkea  Read Replies (2) | Respond to of 99985
 
"Friday September 3, 12:42 pm Eastern Time
23 of 30 U.S. Primary Dealers See No More Fed Rate Hikes in"

I guess the rate hike is in the bag now <g>.

Don:

I am with you. The risk doesn't equate favorably to the reward here. A dead cat rally to resistance was due to begin anytime with the build up of negative sentiment, but I don't think the building blocks (liquidity, etc) are in place for any meaningful upside.