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Strategies & Market Trends : Rande Is . . . HOME

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To: Kevin Shea who wrote (9859)	7/20/1999 8:19:00 AM
From: John Miz	Read Replies (2) of 57584

Market Commentary... gruntal.com Corporate profits, which we forecast to expand by 15% for the remainder of 1999, should drive the market higher. This expansion should yield extraordinary stability as characterized by the day-to-day percentage change in the indexes, with interest rates fluctuating only narrowly. In fact, we expect the yield on the 30-year Treasury bond to trade down to 5.75%. While this outlook may appear boring to some, particularly the trader who is searching for extremes, the fundamental investor with a longer horizon should be ecstatic.

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