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To: Cynic 2005 who wrote (46588)	6/11/1999 3:48:00 PM
From: heraclitus	Read Replies (3) of 86076

CNBS update: Ted David's guest just tried to float the idea that up to a .5 interest rate hike was already priced into the market. Thankfully Ted questioned this in disbelief and finally got the guy to stuttering that everyone on the floor is confused. General question to all. CNBS is asking when we can expect the run up into options expiration. If everyone is expecting the run up, any chance we may see it go the other way? I know, stoopit question, stuff never keeps going down.

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