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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: kendall harmon who wrote (95988)5/4/2000 7:05:00 AM
From: Doug Robinson  Read Replies (1) of 120523
 
Good points, Kendall. Additionally, the feeling that one large increase might send the market up could vanish if the Fed indicates after the meeting that they are very concerned about inflation prospects and wouldn't hesitate to move prior to the next meeting. Such language would keep the market on hold, since no one likes an unannounced rate increase. If AG wants to keep stock appreciation and it's perceived wealth effect from escalating, such a move makes a lot of sense.
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