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Non-Tech : APCO Automobile Protection Company

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To: Jack Mills who wrote (2944)	11/7/1998 9:08:00 PM
From: Sergio H	Read Replies (1) of 3351

<What do you guys think if Greenspan holds tight on the interest rates come Nov 17?> The market believes that the Fed will lower interest rates as evidenced by the rate on the 3 month T bill. The evidence is strong enough to carry us over into Dec. if the Fed holds pat on 11/17. The market rally right now is strong across many sectors. APCO's perfomace has been mirroring the Russell 2000's performance. The Russell 2000 has historically outperformed other indexes in the time periods immediatly following Fed rate cuts. Amigo Sergio

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