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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Triffin who wrote (16724)6/28/1999 2:59:00 PM
From: Wes Stevens  Read Replies (1) | Respond to of 56537
 
Jim, hard to say. I think a 1/2 rise would actually be better. Then everyone would think we would be done. It would drop at first and then rally. With a 1/4 rise it will depend on what else they say, but it would probably rally also.



To: Triffin who wrote (16724)6/28/1999 3:05:00 PM
From: Trader J  Respond to of 56537
 
Jim: That is pretty much my feeling. In fact, 50 may not even be that bad if they come out and say that it is a hedge against future month raises...meaning the next couple of months. If we get successive raises, we are in trouble.

J