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: Jorj X Mckie who wrote (41536)	6/23/2000 5:59:00 PM
From: Augustus Gloop	Read Replies (2) of 63513

Oh come on! You don't really view this as unexpected do you? We will continue flat to down until the FOMC meets at which point 1 of 3 things will happen. 1. No rate hike but they warn about future hikes and we rally. (up 500 on the nas) 2. .25 BP rate hike and the market reacts poor for a day but then resumes the summer rally. (Up 400 on the nas and maybe more if the fed doesn't sound too hawkish) 3. .50 BP rate hike the world comes to an end for a few days and we recover in July with the idea that the hikes are over. Don't worry, Be happy, Lifes crappy

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