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To: Robert Rose who wrote (19347)5/26/2000 10:10:00 AM
From: Hawkmoon  Respond to of 28311
 
Thanks Robert!!

As for wishful thinking and positive news, I think the most positive news would be that institutions start increasing the level of block trades and get back into this market.

Many of the rate hikes are priced into the market psychologically. The issue is whether the perception arises that the Fed keeps hiking throughout September or October. But there is no doubt that we are teetering on the brink and I can see this going either direction.

It all depends on the institutional money and the amount of volume we see.

Regards,

Ron