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


To: Monty Lenard who wrote (28666)9/23/1998 4:20:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 94695
 
Monty, AG just told the world that we are in DEEEP trouble. This whole rally is a mirage same as in 1929, it will last several days, but SE Asia Japan Russia India and possible China will not turn their economies around just because a 0.5% rate cut in the US or UK.

It seems to me that Japan is in very big trouble, and China well nobody knows.

People are so confused that they fail to distinguish between "corrections" and fundamental issues.

BWDIK

Haim



To: Monty Lenard who wrote (28666)9/23/1998 4:41:00 PM
From: Copeland  Read Replies (3) | Respond to of 94695
 
Is there anyone out there that thinks that the Fed is going to leave interest rates alone? The way things are going -- a rise in oil prices, lack of any further decline in South America, and the slow equities rally all tell me that Greenspan, et al. aren't going to drop interest rates.

I'm also bothered from the comments of a week ago or so by Japanese and German officials in which they believed that the Fed wasn't going to lower rates at the September 29th meeting.