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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (16974)10/26/1998 11:24:00 AM
From: James Strauss  Respond to of 42787
 
Dennis:

I don't disagree about a possible recession... But, if the FED gives the market another two 1/4 point rate cuts, we could see an improvement in the earnings picture in the next 2 Qtrs... Since the market is usually looking 3 to 6 months into the future, rising stock prices should reflect this improvement... After all, we've already seen the average stock price drop 45%... We've had our BEAR...

Jim