Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jerry Olson who wrote (37004)	6/2/2000 8:52:00 AM
From: Jorj X Mckie	Read Replies (3) of 63513

We've talked on this thread a bit about the lag in the affect of the rate hikes. I think we are seeing the result of the rate hikes prior to the most recent 50 beep hike. The results of the 50 beep hike will show up in the coming months. Basically, I think that the fed is going to be forced to do a cut in August or so...just in time to hit the election ramp up. Personally, I think that the fed meddling (both with cuts and hikes) is what is causing the wild swings and though fantastic if you are positioned properly, I would still prefer a slow steady rise. I am not too concerned about the indicators. I expected that the NYSE type stocks would get hit eventually from the rate hikes.

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