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To: BILL G. WRIGHT who wrote (56807)11/1/1998 8:26:00 PM
From: stockycd  Respond to of 58727
 
All,

Did anyone else get a sell signal for the SOX Thursday and/or Friday?
I got both.

Chris



To: BILL G. WRIGHT who wrote (56807)11/1/1998 11:01:00 PM
From: James Strauss  Read Replies (2) | Respond to of 58727
 
Bill:

The S&P Futures are down now... If we get a breather in the market it will strengthen the case for a rate cut... I'm expecting some Greenspeak that might create some doubt about a rate cut... This should move the market down enough for the FED to come to the rescue again... The real target of the FED rate cuts is financial market liquidity... That area is still not out of the woods...

Jim