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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (22066)	8/29/1999 11:28:00 AM
From: James Strauss	Respond to of 42787

Greenspan The Stock Picker... : > I think the bulls are trying to fight the fed and higher rates and it hasn't worked in past markets, but may work in the new era -g-. Bobby: The difference here is that we have rising rates in a low inflation environment... We also have an envelope that the FED is working in... At worst there will be one more 1/4 point hike to allow the FED to save face... Since the market already knows this, it's factored into the current indexes... With the advent of the internet and CNBC, information flows in minutes rather than days or weeks... As such, the market is usually reflective of current news... So, it's not a matter of it being different this time; just faster... : > Jim