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Strategies & Market Trends : Asia Forum
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To: Zeev Hed who wrote (6200)9/7/1998 2:06:00 AM
From: Carl R.  Read Replies (2) of 9980
 
I agree that the Fed is not likely to lower interest rates unless the Dow falls under 7000, and probably not until 6600 or so. Considering the incredibly strong rally in Asia tonight and the rising S&P futures, it appears we will re-test 8000 first, and your mini-melt may move back out to October.

Carl
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