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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Joseph G. who wrote (7302)9/30/1998 5:36:00 PM
From: yard_man  Read Replies (1) of 86076
 
biz.yahoo.com

>>''We are in a bottoming process, and we should go back to the middle of recent ranges,'' said Richard Scarlata, editor and publisher of the Sutton
Daily Advisory Letter.

Scarlata said the lower U.S. interest rate environment will eventually support U.S. stocks.

''The bond market is telling us the Fed is on track to lower rates 75 to 100 basis points within the next 90 to 120 days,'' he said.<<
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