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Strategies & Market Trends : Waiting for the big Kahuna

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To: Berney who wrote (16897)4/20/1998 8:16:00 PM
From: William H Huebl  Read Replies (2) of 94695
 
Sorry guys (and girls),

I AM not in agreement with your statement, Berney, on IBM etc. I agree with Ned Davis (see current Barron's) that it is the monetary/interest rate environment set by the Feds that is the key here.

Sure, we could see dislocations based on some biggies earnings disappointments, but not as bad as a 1/2 point INCREASE in interest rates in MAY.

Bill
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