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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (37615)2/23/1999 6:08:00 AM
From: Moominoid  Read Replies (1) | Respond to of 94695
 
GS may suggest an interest rate cut today

Why would he do that?

it looks like the markets are anticipating it?.

Maybe they just have withdrawal symptoms.

I reckon at least 3-4 weeks for the real top if it happens. That would match the last few 9 month cycles. ie if we breakout of the trading range now about 3-4 weeks to the top but we aren't out of the rnage yet and could still go sideways.

This is one reason to think the final run in this cycle is starting now:

decisionpoint.com

as in 8/27/97

There are a couple of false turning points in the summation in April-June 98 though.

David



To: William H Huebl who wrote (37615)2/23/1999 7:46:00 AM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 94695
 
Bill, yesterday rally was more attributed to the conviction of no interest rate hike related to the Bonn meeting and lack of sellers combined with plenty of cash on the sidelines.

BWDIK
Haim