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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (20076)	6/1/2000 11:38:00 PM
From: Ken W	Read Replies (1) of 29382

Okay, I'm going to talk to myself a little here. I'm a bit confused here. Perhaps there is a lurker or regular that can help me. The fed has been raising rates to slow down economy to stop inflation which finally dropped the market big time. Now the economy is showing signs of slowing and the market begins to go up again. So, by my oakie way of thinking isn't this a catch 22? If the market continues to go up agian then won't the fed be prompted to raise again to slow spending? Isn't higher rates supposed to be bad for the market as companies are not going to borrow money to expand thus dropping eps? Now all that being said read this mess. cnbc.com So, if the numbers are even with estimates we will get a sell off tomorrow on the news as the market baked in the news today...sheeez, how is a guy supposed to make any money anymore? Ken

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