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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?

To: Rich1 who wrote (11363)5/15/2001 2:00:04 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 15481
 
My gut says that it is foolish to fight a fed that is intent on making the equity market go up. But....it can certainly take awhile for the momentum to change.

last year, the fed had to raise rates significantly before the market actually broke. But when it did, the movement was dramatic.

When the market finally decides to listen to the rate cuts, will it move like a slingshot to the upside, like it did last year to the downside?


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