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Strategies & Market Trends : TradersChoice 2000 -- Ignore unavailable to you. Want to Upgrade?


To: ynot who wrote (257)9/29/1999 6:28:00 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 604
 
ynot,

>>>were the last couple of days related to rate increase next week? ynot ;)<<<

Probably so.. but actually the fear of a rate increase... I honestly think that these markets will soon come to realize that a rate increase is bullish... a rate hike will strengthen the dollar and encourage the return of foreign investors to U.S. equities... I think what we have here is the old case of 'sell on rumor and buy on news.' I think that when the hike does come, these markets will rally on the news.....BWDIK

GZ