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To: Bill Herms who wrote (30846)10/18/1998 12:01:00 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 95453
 
The rational for the jump in the market and OSX seems to be that Fed rate cuts virtually guarantee that the global economy will turn around next year. That is why these stocks have bounced so strongly with no improvement in near-term fundamentals.

I doubt that Fed rate cuts will be as effective as the market seems to think. Markets should remain very volatile. This will be a trader's market. OSX investors will have many opportunities to buy steep dips and sell powerful rallies in the months ahead.