Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: marcher who wrote (43076)	8/18/1999 6:50:00 AM
From: GROUND ZERO™	Read Replies (2) of 94695

I think that even if AG raised the anti by a half a point, after the markets slide a bit they'll rally to make new highs..... but, I don't think they'll raise 1/2 point anyhow...BWDIK I would have to believe that AG et al already has their decision made, I don't think they trade the rates based on one rally or another... I don't think AG would want to have his name associated with a blood bath on wall street as his final official act as chairman... So, what's it all mean? I think these markets will reach for new highs, and successfully, no matter what AG does in reality..... I can appreciate AG's preoccupation with the nagging threat of inflation, but to use his own words, we are not an island... the United States is currently enjoying incredible economic growth without raging inflation... this is probably due to the fact that we are not an island, but in the midst of other countries that are now actually threatened with deflation... I suspect those external factors continue to moderate our inflation picture and keep it in check..... that's my 2¢ worth.....BWDIK My Best Regards. GZ

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