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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Benkea who wrote (28301)	10/3/1999 9:35:00 PM
From: Don Green	Read Replies (1) \| Respond to of 99985

>Why's the buck up? Not sure, I think it is a surprise to many. regards don

To: Benkea who wrote (28301)	10/3/1999 9:56:00 PM
From: Gary Wisdom	Read Replies (2) \| Respond to of 99985

Why's the buck up? Maybe this has something to do with it. From thestreet.com In his usual short Sunday "Basis Points" column in The Washington Post, Fed insider John Berry wrote that Tuesday's Federal Open Market Committee isn't likely to yield any change in interest rates. Moreover, he writes, "the odds also are against an announcement that they are even leaning in that direction. The reality is that core inflation is tame, and some Fed officials are likely to argue that it actually is still declining." Fed's not raising and not going to say anything nasty. And that's from someone much closer to the Fed than you or me.