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

To: el paradisio who wrote (64259)	12/14/2000 1:51:56 PM
From: eichler	Read Replies (1) \| Respond to of 99985

el, You probably know more than I regarding interest rate effects on Nasdaq. Do you believe it is true interest rate changes affect the markets on a time-lag basis? I am thinking of the TV talking heads which I've heard say before those effects aren't really felt for months down the road. I don't know myself as, to be honest, I still only consider myself a student. Charts still look poor to me. Failed rally attempt after failed rally attempt. All morning long the intraday charts have been looking like a rally is imminent... I would say there is still a chance for a reversal if we could close up strong from here. I am doubtful though. The Trend Is My Friend. ggg Regards, Eichler