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


To: kathyh who wrote (28323)11/16/1999 10:49:00 AM
From: Bryan  Read Replies (2) | Respond to of 108040
 
I don't bet on the FOMC. IMO, a 25 basis point hike is fully discounted. Therefore, I don't suspect that there will be any huge move on the announcement. The bigger move will result from an announcement of no change in rates. If they leave a cloud of uncertainty over the markets by not acting today, then I think we will see a sell-off in the broader market. I'm content to sit on my two short-term holdings (SNWL and CLST) and my bucket of beans (thanks in part to KIMBERLY), because I know there will be ample opportunity after today's announcement.

Yikes.....SNWL running at the moment: Prints 28 3/8

Be good,

B