Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: HairBall who wrote (50169)	5/10/2000 3:15:00 PM
From: Les H	Read Replies (2) \| Respond to of 99985

By after, do you mean the same day, the subsequent days, or some other time period? The CPI comes out that morning as well. I'm looking for a tradeable rally post-Fed in the late May till mid-to-late June. It's still up in the air as to whether the market will (a) retest the April low, (b) shakeout to a level below those lows such as 2900-3000, or (c) start a new downleg comparable but not necessarily equivalent in distance to the downleg to the April low. If the Nasdaq were to trade at past levels comparable to the current level of the Dow, it would be over 1000 points lower to just be at the high end of the norm. The Fed next meets at the end of June.