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


To: bobby beara who wrote (50108)5/10/2000 12:05:00 PM
From: Crimson Ghost  Respond to of 99985
 
Don Hays in his commentary this morning opined that if we were to get a final move down -- FOR THIS PHASE OF THE BEAR -- we would probably get it before the Fed meeting. And that's what is happening.

The more the market is smashed today and tomorrow, the bigger the post-FOMC bounce. But it still will be only a bounce -- not a new bull by any means.