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Strategies & Market Trends : Waiting for the big Kahuna

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To: Copeland who wrote (28675)9/23/1998 4:55:00 PM
From: Greg Jung  Read Replies (1) of 94695
 
Copeland, why should that bother you (that rates not lowered 9/29)?
It doesn't really matter if its true or not, the market latches onto
soft news for its rally, whatever the source. We've considered enough Japan, Russia, Latin America, Clinton, valuations, earnings, etc. and too boring to revisit the issues, even if they may have impact: no further items on the list to make for a negative day. We are in positive feedback, perpetual motion mode. Interest rates and earnings numbers are irrelevant.

Greg
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