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

To: HairBall who wrote (55432)	6/27/2000 10:05:00 PM
From: Sam Scrutchins	Read Replies (1) \| Respond to of 99985

>>>> Betting right before a FOMC meeting is for the nimble only...<g> <<<< You got that right. I bought Puts on CSCO today. We have had a little pull back on the falling Nasdaq. It didn't last and should turn still lower tomorrow. Here's betting that the odds have increased for another 25 basis point rise tomorrow, coupled with strong rhetoric about the continuing strong economy. Housing data has always been important to the Fed, and this time should be no different. IMHO. Sam