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To: Chisy who wrote (6006)4/17/2000 3:10:00 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
Big inflation numbers amaze me with market direction. I thought in an inflation you would want to hold properties. Who ever made money in a deflation or recession?

Chisy:

You're correct...

Except that the FED raises interest rates at the hint of inflation... That's what takes away the punch bowl at different points during a market run... The shakiness of the current market may cause the FED to reverse or at least neutralize its current stance... We may get some hints from Greenspan in the coming weeks... I'd watch that Briefcase.... : >

Jim