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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: SMALL FRY who wrote (40165)5/14/1999 12:23:00 PM
From: lee kramer  Read Replies (3) of 120523
 
Normal mid-day counter-trend. Don't get too excited. The long-bond rate increase is increasingly becoming a real problem. If the market ups the yields...as is likely...Alan Greenspan at the FOMC meeting next Tuesday, may not have to raise rates (everyone's fear at the moment). This "we ain't gonna raise rates" announcement may spark a nice rally. (Lee)
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