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To: STOCKaHOLIC who wrote (15536)5/7/1998 3:55:00 PM
From: Pierre Aydin  Respond to of 45548
 
I just wish that these FED. RES. keep their mouths shut, and just do what ever they want to do and just move on, it's one thing after another, now it's interest rates, I think tommorrows numbers will surprise and will have a big rally.

Pierre



To: STOCKaHOLIC who wrote (15536)5/7/1998 3:58:00 PM
From: Pierre Aydin  Respond to of 45548
 
This explains why the market sucks today.
15:45 FED'S RIVLIN: WOULDN'T WANT TO RAISE RATES JUST TO SLOW STK MARKET GAIN.
15:44 [HCRI] HEALTHCARE RECOVERIES RAISED TO STRONG BUY - VOLPE BROWN.
15:43 FED'S RIVLIN SAYS WEALTH EFFECT HELPING US ECONOMIC GROWTH.
15:42 FED'S RIVLIN SAYS STK MARKET VALUES VERY HIGH BY ANY MEASURE.
15:41 FED'S RIVLIN SAYS FED BALANCING DANGERS OF STRONG US ECON, DANGERS OF ASIA.
15:40 FED'S RIVLIN: IF NO ASIAN CRISIS, FED COULD HAVE ACTED ON RATES.
15:37 CLINTON: GREENSPAN SAID IT IS HARD TO DECIPHER ECONOMY IN MEETING.



To: STOCKaHOLIC who wrote (15536)5/7/1998 4:08:00 PM
From: joe  Respond to of 45548
 
MSFT and European rates/Fed rates are what's nagging
the market. Over the last 6 months or so, this market
has withstood all sorts of problems, that should have
put us into a recession.

But yet we aren't. I'd have to bet something will once
again pick up the ball and carry it forward again.

1998 is going to be a bumpy ride.

joe