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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Ian Davidson who wrote (41345)1/8/2001 8:34:58 AM
From: michael97123  Respond to of 70976
 
It takes a little time for "don't fight the fed" to overcome "don't fight the tape." How many rate increases did it take last year until nasdaq 5k(tape) was beaten down(fed)? So it may take awhile longer now as well. I heard this weekend the market direction changes soon after the 2nd rate move(jan 31).