Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Doug who wrote (66245)	1/8/2001 4:43:26 PM
From: Elroy Jetson	Respond to of 99985

<To suggest (Dan Hays) that we will see a Bear market after a rally does not make sense. That suggestion defeats the purpose of A.G's current intervention and makes the FED helpless.> That is exactly the radical situation Don Hays is suggesting. He sees the Fed Discount Rate at 2% within 12 months. He sees a rally slowly building now due to increased optimism (let's say due to rate cuts), then the third Bear Market phase occurring when people realize that the rate cuts don't seem to be working.