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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (10949)12/5/1997 3:40:00 PM
From: Barbara Barry  Read Replies (1) | Respond to of 94695
 
Bill,
Well, today says one thing to me. To personify this market...He/she WANTS to go up to new highs and so he/she will!That is crazy and simplistic but my only theory for now. I just hope he/she gets this thing over with by Tues.
Regards,
Barbara



To: William H Huebl who wrote (10949)12/5/1997 6:23:00 PM
From: GROUND ZERO™  Read Replies (4) | Respond to of 94695
 
Bill,

I think Greenspan is boxed in, he may have no choice. The Federal fund rate is 5 1/2% and the 30 year bond is 6%. Have you ever seen such a narrow spread between one month and 30 years?

GZ