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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: 16yearcycle who wrote (22327)	7/31/1998 11:50:00 AM
From: Teri Skogerboe	Read Replies (1) \| Respond to of 70976

Gene, <off-topic> You are saying what makes this a horse race is interest rates... and I agree. Greenspan says the next move is to tighten; you tend to think he means that. I fully believe that we are entering a "profits recession" but I am influenced by the research I read. Guess Wall Street won't believe this theory until it hits them squarely in the face... or do they, with this narrow breadth? BTW, do you have similar calculations on the S&P?