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


To: Benkea who wrote (33671)11/18/1999 2:46:00 PM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Benkea,

I realise that many feel that theres nothing to stop this market now, but are people really ignoring the rebound in interest rates? In just 3 days the TYX has already rebounded about 45% of the previous downtrend. This is extremely fast, keeping in mind that the TYX is not a internet stock. gggggggggg

Lets put it this way, it took 14 days for the TYX to move from 6.40% to the 6.00 range, but in only 3 days its rebounded almost half way.

seeya