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To: BGR who wrote (62604)6/15/1999 10:37:00 AM
From: Sarmad Y. Hermiz  Respond to of 164684
 
>> However, my feeling from reading reports about general bond market feelings is that if CPI
is benign there is almost definitely be a rally, rate hike or not.
<<

That's why I have only 30% cash. I think there will be a relief rally even if there is a 50 BP rate hike. Of course you gotta have some cash in case this is wrong.