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Strategies & Market Trends : The Player's Club -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (5137)2/1/2000 2:07:00 PM
From: Chip McVickar  Read Replies (2) | Respond to of 11513
 
I think we'll fade here into the 3:00 and then the big players will run this up into the close.

Fed will hammer it with +0.50 and a bias to tightening further....and the SPX will see 1300 and close the Gap on the spoos.

These markets are strong and the money is in place to go higher and the buyers are not scared enough buy bonds. Only question will be the effect on currency imbalances....I feel 0.50 ++ will be a problem for the world markets.

Will be fun to see what the solar eclipse does to the markets.

Cheers,

Chip