SI
SI
discoversearch

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: JRI who wrote (70374)2/24/2001 6:13:50 PM
From: Les H  Read Replies (3) | Respond to of 99985
 
They're watching the 20% bear market threshold on the S&P 500. The same thing occurred on about a handful of days in 1998. There was intervention whenever the S&P 500 fell intraday below the 20% level. Same thing this past Thursday and Friday.



To: JRI who wrote (70374)2/24/2001 8:07:01 PM
From: John Carragher  Read Replies (1) | Respond to of 99985
 
some say ag doesn't change rates without forecasting ahead of time. Perhaps Angel was his early notice of rate drop?



To: JRI who wrote (70374)2/24/2001 8:14:30 PM
From: gc  Read Replies (2) | Respond to of 99985
 
Friday was a technical rebound from an oversold condition, selling will soon resume regardless of rate cut since market has already expected additional rate cut.



To: JRI who wrote (70374)2/25/2001 1:37:12 AM
From: waverider  Respond to of 99985
 
I agree with gc...a Fed cut is already factored into the market. When they cut, nothing happens. If they don't, look out.

Rick