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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (1313)11/11/1999 1:31:00 PM
From: pater tenebrarum  Respond to of 19219
 
J.T., Greenspans real dilemma is the bubble in credit and assets he and his fellows of the FOMC gang have allowed to form. here's a link to what Greenspan thought 30 years ago....really makes one wonder about today's Fed.

gold-eagle.com

regards,

hb



To: J.T. who wrote (1313)11/16/1999 11:45:00 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Does Mr G. want to add more C2 H5 OH to the punch bowl for the stock market party?

I think Mr G. will raise by 1/4 point. The question is does he go to neutral bias or leave at tightening bias.

Neutral bias and the market will most likely rally. If tightening bias is maintained we will sell off.

Unchanged decision and market will sell-off in afternoon into the bell after potential short-lived rally (like 10 minutes-less than 1 hour).

Bloomberg thoughts:

quote.bloomberg.com

Best Regards, J.T.