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

To: crimson who wrote (58621)	1/7/2000 8:58:00 AM
From: Rock_nj	Read Replies (1) \| Respond to of 108040

Why do you think the fed will raise 50%? It's an election year and inflation isn't raging. How can they justify a 50% raise? Personally, I think inflation will increase soon, due to increasing fuel costs and the tight labor market resulting in wage hikes.

To: crimson who wrote (58621)	1/7/2000 9:04:00 AM
From: DebtBomb	Respond to of 108040

The market is impossible to predict, but I think next week, when the funds, who are sitting on a ton of cash, will come in buying heavily. And, the market is not in a correction, it's in a rotation, only the techs are in a correction. This is a bull market, has been, and will be one for some time to come, IMO. Every nasdaq bottom last year, was a buy. Buy when there's blood in the streets. Buy when people just throw stocks away. Earnings and splits are coming in the techs in the next few weeks, and I think the nasdaq goes back up. But like I said, it's impossible to predict. I'm guessing. And rates are up to a 1997 level, is that bad? Was it that bad in 1997?