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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: sea_biscuit who wrote (1432)9/4/1997 1:52:00 AM
From: wooden ships   of 42834
 
Dipy: It would seem that many of us here were truant during Brinker's
Labor Day weekend lectures. One would expect that, as autumn de-
scends and folks get back to their routines, attendance during week-
end classes aboard the Starship will return to normal. That being
said, I confess that I have enjoyed the occasional digression perhaps
more than I should have during our collective truancy.

In any case, today on CNBC a frequent guest analyst whose name
now escapes me spoke of the increasing likelihood of a 1/4 point
rise in the Federal Reserve rate by October. To recall it, Brinker
has predicted two scenarios by year end: 1) the DJIA will make
new highs and 2) the long bond rate will decline to a rate in the
vicinity of 6.25%. If the Fed moves rates up a notch come autumn,
would such a rate hike scratch Brinker's two predictions?

Ps. Speaking of truants, where is Lars?

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