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To: Gerald Walls who wrote (9725)9/29/1999 5:52:00 PM
From: John Malloy  Respond to of 21876
 
I have used regression analysis to relate the S&P 500 to current dollar GDP and the interest rate on 30-year governments.
The analysis shows a drop of 0.71% in the S&P for every 1% increase in the interest rate (A 1% increase means going from 6.00 to 6.06%)

John Malloy