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Strategies & Market Trends : IPO and Other Stock Plays
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To: antiquites who wrote (12196)5/3/2005 2:32:09 PM
From: yossarian67   of 13331
 
well I will say this...if they come out with same statement after they raise to 3 1/2 in a few months time, this market is going to crumble...on other hand if they change to nuetral after hitting 3 1/2(august?), that's the rally that will resemble nov/dec---unfortunately I think with the fed's track record they crank it up to 4+ and throw us into a fast recession, which would mean lower stock prices from here....we shall see....I could also see them overdoing it, than announcing the brakes late in '05 for a furious rally from much lower....any way you slice it, it's not going to get much easier next few months I'd think....looking more/more to me that any big rally that sticks for more than 1-2 days is going to come from lower prices. we've sold for 4 months, so we could see a better market in may(I hope), but.....
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