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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: pater tenebrarum who wrote (56612)8/16/1999 4:17:00 PM
From: Ken98  Read Replies (1) of 86076
 
<<what an impressive ramp job at the close...>>

Heinz, impressive yes, but not particularly unusual...

I guess folks are counting on the CPI number coming in well done.

Have you noticed that the Fed has added reserves almost every day the last 2 weeks and even did a coupon pass last week? I think a lot of traders are interpreting that as the Fed saying they will not take the punch bowl away (or away very far, at least).

Regards, Ken.
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