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Pastimes : ASK Vendit Off Topic Questions

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To: JB who wrote (2033)	10/4/1999 6:00:00 PM
From: Vendit™	Read Replies (1) of 19374

Yes sir you did........now let me quote as best I can the ideas of a friend that does not post on this board but someone I respect very much. *"What everyone expects is no rate increase but perhaps a bias toward tightening. If that is in fact what the Fed does, then the market will probably rally briefly, then sell-off. If the Fed unexpectedly does pull the trigger, the market will drop like a stone."* The bottom line is ........any rally tomorrow could be looked at as an opportunity to sell into unless you think we have already had our Fall sell off. I personally don't think we have. IMO Vendit

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