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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: SGJ who wrote (15282)5/4/2004 7:43:49 PM
From: da_cheif™  Read Replies (1) | Respond to of 207049
 
rates are gonna rocket...



To: SGJ who wrote (15282)5/13/2004 11:25:39 AM
From: Chip McVickar  Read Replies (1) | Respond to of 207049
 
qcoman,

>>If anything, we will profit greatly if the rates finally do tick up, but we aren't expecting much<<

Deflation is still a concern.... IMO the price of gold is telling us just that....

Interest rates aren't going substantially higher any time soon... 6% mortgages is still a great price.... 2% Fed funds rate is still accommodating...

Get ready for a sustained $50.00 a barrel of oil....
Price increases in basic costs of living like fuel, healthcare, etc., will put a blanket on any economic growth.

The imbalance problems of the last 2 years will continue and any serious shock will deepen the recession.... And roll the stock markets.

IMO... Into 2005 there will remain a sense of confusion and uncertainty... while the imbalances of the last 2 years are straightened out. Confusion about the economy and its direction will keep traders bouncing in and out of positions... Uncertainty about a "mess-other-stuff" will make trading a Lot'ta Fun. No Crash and very few problems adapting to a cycle of modest incremental rate increases.