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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (8071)	8/25/1999 10:11:00 AM
From: Wally Mastroly	Read Replies (2) of 15132

Stocks Seek Higher Ground After Post-Fed Stumble? thestreet.com Excerpt: Positive sentiment may have been boosted a bit by relatively friendly statement that the Fed released after yesterday's meeting, which emphasized the degree to which the hike should head inflation off at the pass. The dovish view is being bolstered today by a Washington Post article by John Berry, who writes that "a number of Fed officials also believe growth is slowing enough" to stay Alan Greenspan's hand for the rest of 1999. Ultimately, though, the economic data will rule, and there aren't any hugely important numbers forthcoming this week, though Berry's "number of Fed officials" will find plenty to watch in next week's Chicago Purchasing Manager's Index and National Association of Purchasing Managers report. - See links inside the one above, including: Befuddlement and Lurching Moves Greet Fed Decision - thestreet.com

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