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To: Murrey Walker who wrote (60272)1/6/2000 6:17:00 PM
From: Mark The Trader  Read Replies (3) | Respond to of 152472
 
Greenspan will raise rate regardless of what the market is doing if there are signs that the economy is to strong .
They were concerned with Y2K so that's a big reason you did not see a rate increase in December.
However remember what happened last year in the October - November time frame. The market sold off because of interest rate fears and then rallied after the fed raised rates. The market is already starting to price in a rate hike, what will be more important when the Fed meets in
February is the Bias stance they take.
The bigger the correction the bigger the possible rally off the lows after the fed meeting.

Mark