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

To: Haim R. Branisteanu who wrote (54617)	6/19/2000 7:22:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

Haim, fed funds futures are not pricing in a hike, they're usually pretty smart, they priced in .5 last time. I think greenie will be to worried about having the economy falling off the cliff to hike, the ROC in some of these eco indicators lately is pretty dramatic. I think after .5 hike he pounds the gavel and rests the case. As i have been saying ever since the .5 hike, i think the next move greenie will make will be the compleat opposite of the street consensus, since then the worry has changed from an overheating economy to a worry about slowdown/recession/earnings squeeze. b