Interest rate rise will trigger market crash / correction Message Board

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Strategies & Market Trends : Interest rate rise will trigger market crash / correction

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To: Mike Robinson who wrote (22)	3/30/1997 11:29:00 PM
From: Richard Estes	of 52

Mike since Time began Man has tried to determine reasons for things, like Sun coming up in morning. You can't believe the reasons they could come up with. When a stock or an index moves, you see some reasons given for it that was not much better than the caveman and sun. It keeps a lot of people in New York employed. A number of things said are known falsehoods and self-serving. Suggestion: Forget reason, watch price and volume, because the real reason a stock or index is at a certain price is that was price someone would sell it for or buy it for. Simple but true. I can rember in 70's "they" saying the price of French gold made it move. BS. like most things coming from street. a reminder: many who wanted more than a 7% return in stocks have had their head handed to them, most got brain clouded with reasons/hopes/emotions and didn't measure price and volume.

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