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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Bill Harmond who wrote (5729)3/17/2001 5:27:46 PM
From: Mark Fowler  Read Replies (3) | Respond to of 57684
 
Bill trying not to be too bearish or bullish, but on the long term secular charts It still looks like the market is in a topping out process, i guess most everything could move back more if corporate profits are shot and now Opec is reducing the supply of oil again.

I don't know for sure, however, 75 basis points seem a bit much at one time, imo. I understand the market could be expecting . 75, so i doubt if we get it.,. 50 seems about right to me.