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


To: Haim R. Branisteanu who wrote (72399)3/16/2001 9:11:39 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
Haim, as i posted a week or two ago, the fed rate hikes got bought once or twice on the way up (way delusional for markets to rally on fed rate hikes - way way way -g-) and on the way down i would expect some rate drops will be sold, i doubt the market will rally after fomc unless he drops a point or more.

actually i think the fed has used up all it's magic and is now impotent.