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To: JoeDi1213 who wrote (49181)8/11/1999 10:12:00 AM
From: John Doyle  Read Replies (3) | Respond to of 95453
 
Take a look at SLB during 1994, when the FED was raising rates. What was the oil situation then? Almost everyone believes the FED will tighten only "one more time" for the year this month. They could tighten again. The economy could be much stronger than people think. Just look at retail sales, auto sales.
How will the OSX react to a weak general market during the next 2 months. Everyone is just "too" optimistic.