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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Wally Mastroly who wrote (14407)6/13/2000 10:00:00 AM
From: Justa Werkenstiff  Read Replies (2) of 15132
 
Wally: Re: "After six interest-rate increases by the Federal Reserve in the past year, the``medicine is working and the Fed won't have to raise interest rates anymore,'' said Cynthia Latta, an economist at Standard & Poor's DRI in Lexington, Massachusetts, before the report."

Yah, Cynthia knows but the Greenman does not. Give me a break. Hey, Cynthia, if you think the medicine is working wait until the 4th Q. You may be complaining that it has worked too much. Cynthia, BTW, is married to Joey Bats <g>. But that is the bullish case. But could it be that the retail sales report is too cold for the market today? Remember, in Goldilocks land it can be neither too hot nor too cold -- it has to be just right. If it is too cold, the "e" gets hit; if it is too hot the "p" gets hit.
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