Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (41323)	7/3/1999 9:21:00 AM
From: Kip518	Read Replies (1) of 94695

Another perma-bear (George Ure) calling for a blow-off top urbansurvival.com (incl. from Bill Shepler) The next Fed meeting does not occur until late August, and assuming that the Fed were again to shift back to a tightening bias at that meeting, the next meeting at which rates could rise would be in October. That is getting dangerously close to Y2K which may keep the Fed on the sideline for the rest of this year. Then next year is an election year, which again should keep the Fed on the sidelines if history is any guide. So, with the Fed on the sidelines, and the economies of the world picking up steam the longer-term outlook could be decidedly more bullish than most bears would care to ponder.

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