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

To: Lee Lichterman III who wrote (27197)	9/25/1999 11:39:00 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 99985

Lee, I agree with you about the weekly charts... they look terrible, as if we're sitting on the edge of a cliff... but, we ought to see some bounce here... my least concern is the FOMC meeting... they'll probably raise rates once again and this will probably be regarded by the markets as bullish since it will support the dollar and encourage the return of foreign investors.... the bond market has already bottomed and that will further assist to keep the equities from going into any kind of tailspin..... every time we have any kind of correction in the major averages people begin to say, "Ha, I knew it.. this market has had it!" I'm not so sure about that.....<g> My Best. GZ