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

To: StockJock-e who wrote (31712)	10/15/1998 7:25:00 PM
From: Haim R. Branisteanu	Respond to of 94695

We may have a rally into the end of the year VERY ROCKY but after that I anticipated a grinding downdraft. As the economy is still moving ahead nicely in the US with a slowdown, but overseas including SE Asia will be a drag on profits. Lower interest rates in the US will spark service inflation which will knock of treasuries and close the FED in a BOX. The FED move was wrong. They should have lower rates in August 50bp and at the same time deal with WS margin rates, limiting the upmove in stocks and other financial instruments. I am actually discussed about the way they treat WS types and firms in case they are to big to fail. It is sad that the FED members can not be elected as are other government officials. It's time for AG to go home!! Instead AG and his team made huge mistakes, and we all will pay for it after year 2000 were we will face a severe depression world wide. BWDIK Haim