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


To: dennis michael patterson who wrote (31509)10/26/1999 7:37:00 PM
From: Les H  Read Replies (3) | Respond to of 99985
 
raymondjames.com

Raymond James economist seems to think if market rises too much, Greenspan will raise rates. If it drops, he will lower rates.

>>>
>>>In any event, the Fed speeches today and Greenspan's on
>>>Thursdays are possibly meant to warn the markets not to
>>>rally prior to the FOMC meeting since they don't want a
>>>rally and a steep stumble if they raise interest rates.
>>>This upcoming GDP report is a newly cooked report which
>>>is supposed to increase GDP by an additional 1.5% per
>>>year so a surprise could be baked in.
>>>



To: dennis michael patterson who wrote (31509)10/27/1999 3:07:00 AM
From: Vitas  Read Replies (1) | Respond to of 99985
 
Dennis, here's what Jerry is banking on.

ftp://www2.elliottwave.com/beta/bmm/3pdh.html

New low in the a-d line today.

Does buy the dip work anymore?

Vitas