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Strategies & Market Trends : Currencies and the Global Capital Markets
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To: Henry Volquardsen who wrote (2333)12/29/1999 1:37:00 PM
From: Chip McVickar  Read Replies (1) of 3536
 
Henry,

>>Everybody seems to be anticipating a January effect. I suspect we have already seen much of it in December, fueled in part by the excess liquidity. I'm inclined to think that the first quater will be corrective for equities after we get passed a knee jerk rally in the first week or two.<<

Your remark here makes a great deal of sense. But I'm looking for these complications to last for 6 months. I also expect Greenspan to tighten, the wild card is the Yen and Euro...?

Here's an interesting commentary.

Chip

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