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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (41218)	6/30/1999 5:26:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 94695

GZ, to add to your reasons, Uncle Greenie is a very bad trader -g- and always plays the market the wrong way at the bottom (or top) -g- Also the Fed Fund futures had a .5 rate hike built in, so the market was expecting/pricing for the worst and got the best - a change to neutral bias. bb

To: GROUND ZERO™ who wrote (41218)	6/30/1999 8:21:00 PM
From: HairBall	Read Replies (1) \| Respond to of 94695

GZ: You are right on...some consumer rates like auto loans and some credit cards rates will go up, but I would expect to see the long bond rally (rates to retrace) and mortgage rates should begin to pull back as well. We may get a temporary pause in the process or even a brief sharp pullback. This may be triggered buy some of the reports still to come out this week. However, I doubt we have heard the last about rate hikes! Regards, LG