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

To: Terry Whitman who wrote (32084)	11/1/1999 9:49:00 PM
From: Benkea	Respond to of 99985

Thanks Terry. I have been reading that this evening. You really have to pay attention to his point. NO ONE, and I mean NO ONE thinks rates will get back to 15%. Then again, NO ONE, and I mean NO ONE thought they would when they came off the low 4% bottom in 1964 he spoke about either. (Gee, what did rates bottom at last fall <ng>).

To: Terry Whitman who wrote (32084)	11/2/1999 1:08:00 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

Thanks for the link. I saw it on another thread but was short on time and only read the first page. Your post reminded me to finish it. Is it too late to short horses? I noticed something strange tonight. As the indexes dropped today, the VIX dropped with it after popping up a bit this morning. Complacency still looms. Pretty quiet thread tonight and I see why. I didn't see anything spectacular to post on myself. Futures down slightly again tonight but the dollar not too bad and bond showing up slightly. No news I know of until Wednesday when Europe decides if they will raise rates. NAPM showed the highest rise in raw materials in 4 years. Unbelievable that things didn't tank. Maybe Denial is just a river. Good Luck and to everyone, sorry for my last post, I didn't realize the fixed font button was on. That post was wider than big bertha. <g> Lee