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Strategies & Market Trends : Point and Figure Charting

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To: Sergio H who wrote (6898)	9/7/1998 6:48:00 PM
From: Al Serrao	Read Replies (1) of 34811

YES, he has publicly admitted by keeping real rates high it has created problems for the world economies. We can now expect rates will be lowered if not when the Fed governors meet then at least at the following meeting. Greenspan is preparing everyone for the change. Since the markets discount the future we can see movements already underway such as: an inverted yield curve being driven by falling rates on the long bond, a peak in the dollar, a turn in the price of gold and commodities. This will likely produce an explosive move in the market(s)as the shorts run for cover.

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