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Strategies & Market Trends : Interest rate rise will trigger market crash / correction

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To: DanZ who wrote (37)4/14/1997 2:15:00 AM
From: Bill Ounce   of 52
 
Watched CNBC Friday post close. The "experts" were very bearish. Last time they were this bearish was at the botton of last Summer's mini-correction. :-)

Don't know if that is a buy signal this time. Last summer, the worry was primarily about earnings. Now is seems to be about future interest rate hikes. I expect companied to make their target numbers, so then any further CNBC "7 percent more correction" would be just due to that concern. If companies miss their earnings numbers, then things should really drop.

The big question to me is how much will the strong USA dollar harm earnings? Will it be significant this quarter?

I only have questions, not answers :-)
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