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To: Michael Young who wrote (73467)	8/12/1999 8:01:00 PM
From: Mark Fowler	Respond to of 164684

think they raise .25 this month. And then the market will need to start pricing in another raise in October. Leading inflation indicators are spiking up, productivity isn't keeping pace with demand, inventories are shrinking, and the dollar is weakening. not to mention the CRB commodity index is very strong. Take a look at the TYX chart. Rates look to be heading to the 6.5% range. Not a pleasant scenario for the leading internets, which are on the ropes already.<< Thanks Micheal i seen these indexes now do we go over the next line of resistance on them CRB and TYX... I suspect your right about this it will be a tough qtr., until we a clearer picture on the economy...