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


To: Ted Downs who wrote (72670)3/18/2001 10:32:34 PM
From: Rob S.  Respond to of 99985
 
I guess you and others who think FED rates are such a dramatic factor in the market have gotten rich. I mean, having everything boiled down to such a simple, fairly predictable formula. Gee wiz, and I thought that the vitality of markets had more to do with introduction and evolution of technology, world trade, and profits. Nice to learn that it is all due to that bad old boy Mr. G.

Maybe if he lowers interest rates by 3% all the worthless internet stocks will be revived, Cisco will make enough gear to fill the Grand Canyon, and everyone will have surgically implanted wireless Internet capable sell phones! Back to the Future of the "new economy" . . .I just can't wait!!!

Congradulations! You must be very happy . . . Now that you have it all figured out I guess you know exactly what to do to make your next fortune.