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


To: American Spirit who wrote (76790)5/10/2001 5:10:16 PM
From: Uncle Frank  Read Replies (2) | Respond to of 99985
 
>> I have been been planning for this Fed cut rally for a long time and know from experience it can come suddenly 1-2 days before and then get climactic up to and during...

We've had 4 fed cuts this year. Two of them occurred on schedule and resulted in immediate sell offs. The other 2 were sneak attacks, and their impact was longer lasting. I wonder if this trend will continue. If so, it suggests we should be buying now (or writing cc's) with the intention of closing the positions just before the announcement.

uf