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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (1323)	4/30/2000 12:34:00 PM
From: Bosco	Respond to of 30051

Hi Zeev - thanks for the scenario. We are close [I may as well try to rub off from you <G>,] except for the rate hike part. I do not see a 50 bp increase. Obviously it is possible. But the historical odd is not in favor of such a jump [unless the market keeps rallying into the decision week!] That said, even if it is a 25 bp increase, it doesn't stop your scenario of unfolding if Mr Market decides to spin the negative, i.e., it blames the Chairman for not being harsh enough and thus putting the Market into a water torture mode best, Bosco