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To: 16yearcycle who wrote (43270)	10/4/1999 10:03:00 PM
From: jmanvegas	Read Replies (2) \| Respond to of 152472

The third rate hike is coming, whether tomorrow, November, or whenever IMO. This is an albatross around the market's neck and maybe AG likes it that way to keep asset values in check. We won't see new highs in the averages until we get this behind us - the sooner, the better. The market will fixate on every economic report and the market will churn in a volatile manner leaving shareholders exhausted. This kind of action could lead to a more severe sell-off, creating a broad market distribution top which would take a tremendous effort to overcome. I don't see this happening - I believe the averages are headed higher but I would like to see this interest rate situation quickly fade into the background. jmanvegas