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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: TradeOfTheDay who wrote (57231)11/9/1998 11:44:00 AM
From: SJS  Read Replies (1) | Respond to of 58727
 
Not the way it's feeling, although daily unplanned data (like Newt's resignation) makes this so much fun.....

If the market's going to be a spoiled child again when if we don't get a rate cut, then you'd be right on. However, I read two schools of thought on this:

1) We don't need a rate cut, with the two we've had, we'll now have a soft landing.
2) Wait and see, try December's meeting, odds are better for that one.

The long bond is back up, yield curve is looking much better, and the psychology is different. We're back to chasing stocks!!

Regards.