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Strategies & Market Trends : Keep Your Eye On The Ball - Watch List -- Ignore unavailable to you. Want to Upgrade?

To: TFF who wrote (165)11/15/1998 9:38:00 AM
From: Susan Saline  Respond to of 2802
 
>>> in for a leg up
agree ... the little selling off of last week ... was the anticipated dive/correction we expected to come at the time of the fed meeting (17th).
Whether or not we get another rate cut, is now a non-event, and not going to cause a downturn. Market sentiment is not 'expecting' another cut due to the remarkable bounce the market has had since Oct 8

GMTA




To: TFF who wrote (165)11/17/1998 4:08:00 PM
From: TFF  Read Replies (1) | Respond to of 2802
 
Well a leg up it is. Only question is what is the bond market doing going down on rate cut news?? Could be Japan again with the dollar/yen inplay on Moody's downgrade.The next couple of days might shed some light.


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