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Strategies & Market Trends : Rande Is . . . HOME

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To: KevinThompson who wrote (13234)	10/7/1999 3:11:00 PM
From: Rande Is	Read Replies (3) of 57584

Anal-yst, Linda Jay states on CNBC, "I think there is tremendous tremendous concern over the FED raising interest rates." Give me a break! I am surely not seeing that concern. . .bulls are just watching to see if we can hold our gains. . .and bears are afraid of jumping in too early and getting trapped. . .the market is in a jockeying mode . . .looking for a direction. . . and with the volume that is being BET on the "sure thing" plays by both bulls and bears. . .it tells me that the dirction will make itself clear very soon. But frankly, with the amount of gains OUR picks are seeing. . .I don't mind a bit of consolidation here. . . a new all-time high on investing/trading portfolio. As for this terrible FED fear. . .in my opinion, it is simply a lie. . . nothing more. If the FED wanted to raise rates here on October 7th. . . they would have done so on October 5th, when they met all day long to discuss the subject. Give me a break. Rande Is

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