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


To: J.T. who wrote (2072)12/17/1999 10:52:00 AM
From: pater tenebrarum  Respond to of 19219
 
J.T., the Fed did yet another repo and another coupon pass today. translation: buy anything with a p/e exceeding 100, or with no earnings at all, and you will make a profit. immediately after the announcements were made, stocks started to race up again.
i don't believe anything else needs to be analyzed at this point. a coupon pass ALWAYS assures us of a wild rally.

regards,

hb