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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: RobMD who wrote (15924)	9/17/1999 9:14:00 AM
From: swisstrader	Read Replies (1) \| Respond to of 108040

Should be a pretty powerful open: 08:55 ET: Stage has been set for a positive beginning as both the futures and bond markets are moving higher, helped by a resurgent dollar and a report in the Washington Post from influential journalist, John Berry, suggesting there will be no near-term Fed rate hike given recent payroll and inflation data... S&P futures now +7.80... Equivalent gain in Dow would be 55-60 points... 30-yr bond +16/32 at 6.05% as the Berry article has overshadowed the stronger than expected 0.4% increase in Housing Starts... Notable stocks on the move in pre-market trading include Adobe Systems (ADBE +6 1/2; positive earnings surprise); Liposome (LIPO -8 1/2; FDA rejects its breast cancer drug, Evacet), and eBay (EBAY -7 3/4; Wall Street Journal report of growing competition from the likes of Microsoft, Dell, AtHome, and Lycos).