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


To: pater tenebrarum who wrote (50752)5/15/2000 1:42:00 PM
From: Jacob Snyder  Read Replies (4) | Respond to of 99985
 
multiple choice test:

After the Fed meeting, the market will:

A) go up, because the Fed only raised by 1/4%, which was less than expected, and rising interest rates are always bad for stocks.

B) go down, because the Fed only raised by 1/4%, and they are behind the inflation curve, and this leaves unfinished business (more raises) for the uncertain future.

C) go up, because the Fed raised by 1/2%, and the pain is now (almost all) behind us.

D) go down, because the Fed raised by 1/2%, and this means they are really scared about inflation, so we probably still have another 1/2% raise in June, and more beyond.

E) go wildly up and down, as the above choices dominate market sentiment in succession, in rotating 30-minute time periods.