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Strategies & Market Trends : Waiting for the big Kahuna

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To: IQBAL LATIF who wrote (10015)11/19/1997 7:05:00 AM
From: William H Huebl  Read Replies (5) of 94695
 
Iqbal,

It looks to me we have 2 of the 3 uncertainties out of the way... IRAQ may turn out to be a non-event and Greenspan isn't raising rates. The 3rd, SE Asia has certainly taken on a life of it's own, but historically, those markets typically don't DRIVE ours... surely we reflect in some small way those markets, but our reaction to them is the concern - they are just symptioms.... or excuses, if you will.

I see the bond rates testing prior lows set back in early 1996. Then once THAT happens, we will need to develop a strategy of where the markets will go from THERE.

IMHO

Regards,

Bill
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