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


To: Dave Kiernan who wrote (73946)4/2/2001 11:03:47 PM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
Looking at Nasdaq chart from 1994, I believe there were 14 rate Increases and 6 or 7 rate Decreases until date.>>>>

dood check out the chart down the line here on the hikes to 6% discount rate
stockmarketcycles.com

the problem with this last 6% discount rate is that it is coming after 20 years of disinflation, not after 20 years of inflation.

of course this dood has been totally discredited, like prechter, gail dudak, etc, just like equity bulls were discredited completely when the market was bottoming in 1982.

The voices that you should really be listening too are totally discredited at the major turning points.