Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Bald Man from Mars who wrote (8080)	4/30/1998 4:10:00 PM
From: gregor	Read Replies (1) of 18691

My whole strategy is geared to the Feds raising interest rates May 15 or 19 (whenever ), and the increase is not in the market. GDP came out this morning 4.5% in the first qtr, and that just nailed the coffin lid a little tighter especially when the market goes up 160 points. Somebody just don't get it. Asset inflation is the problem. Go over on the Michael Burke thread for some pretty good past discussions on asset inflation. As far as SEEK and XCIT, darn right they correct another 10 to 15 points if the feds raise; and if they do it won't be the last raise either.

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