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Politics : Idea Of The Day

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To: uclatrader who wrote (24604)3/23/1999 4:42:00 PM
From: Judy   of 50167
 
Hi, shuo

I watched the last hour of market action today and still believe that there is no market crash in site. Macroeconomics do not portend it, and the market remains in a trading range consolidating. I wish the DOW would test 9600 and get it over with.

With strong housing and retail numbers, it appeared the economy was heating up and the Feds might grumble about raising rates. Last month I posted that the market may be trending lower until earnings jitters and the FOMC meeting are over with, in light of the strong economic numbers. FOMC will be on Mar 30th and the market may continue to show respect to the Feds until then.

As for your girl friend yelling at you, that's nothing. Wait until you're married, kiddo.
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