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


To: Boplicity who wrote (78450)6/11/2001 8:23:32 PM
From: jhg_in_kc  Read Replies (2) | Respond to of 99985
 
if fed changes its stance to neutral, market will tank bigtime. Without Fed encouragement, this fragile rally will end and the Naz will retest the April 4 lows. Until good visibility of recovering profits is proclaimed, the Fed is the only thing, other than hopes and dreams, that is keeping this rally going. IMO
jhg