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Non-Tech : Invest / LTD
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To: Thean who wrote (5309)11/11/1998 11:37:00 PM
From: Lucretius  Read Replies (1) of 14427
 
Thean.. I thnk you are missing the point. IMO, Uncle Al's hands are tied.. if he cuts too much more, the bond mkt will suffer and the bond mkt is much bigger than the stock mkt. Cutting interest rates is not a cure-all for all financial woes.

sure, we could make a slight move higher or even go sideways for a few weeks, but my guess is by early DEC, we'll be sitting near DOW 5000.
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