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


To: marginmike who wrote (48824)5/1/2000 3:01:00 PM
From: RocketMan  Respond to of 99985
 
Depends on the economic numbers and the Fed's bias. If the numbers are bad, and the Fed keeps a tightening bias, especially with 50 points, I'm outta here for the near term. That's all the market would need to tank this summer. OTOH, if the numbers are acceptable, and the Fed goes neutral, with or without 50 points, we may have set the base for a monster rally. Could go either way. If I had to bet, I would bet on the former.

BWDIK