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

To: Berney who wrote (16897)4/20/1998 8:30:00 AM
From: robert b furman  Read Replies (1) | Respond to of 94695
 
Berney - TRV came in better than expected.So far we're batting 500.IBM left to go. (after hours) we'll have an opportunity to see if this market is: 1) tech sector rotation 2) vulture food



To: Berney who wrote (16897)4/20/1998 8:16:00 PM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Sorry guys (and girls),

I AM not in agreement with your statement, Berney, on IBM etc. I agree with Ned Davis (see current Barron's) that it is the monetary/interest rate environment set by the Feds that is the key here.

Sure, we could see dislocations based on some biggies earnings disappointments, but not as bad as a 1/2 point INCREASE in interest rates in MAY.

Bill


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