Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (33814)	11/17/1998 11:20:00 AM
From: Greg Jung	Read Replies (1) of 94695

Has your bell boy also predicted an interest rate drop? Like the airlines and the normal media, analysts are pretty good at picking up the party line and delivering to the masses. I've heard several lectures on why AG -has- to lower rates, this am was by a bond follower and he however had a less rose-colored view, that the cut, forced by the market with a gun to his head, would actually wind up increasing interest rates from economic overkill and the percieved lack of disipline. Either way I think short term (after initial shock trading) direction will be down, but a "no cut" would be more fun because it ought to supply a rebound point for the parked investors (such as myself) looking for the next "big pop" entry point. Greg

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