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To: Frank E W who wrote (122290)5/5/1999 3:24:00 AM
From: TTOSBT  Read Replies (2) | Respond to of 176387
 
Re: "Fed will not raise rates this year,it would kill thos poor struggling Asian sprouts"

Fed doesn't have to for the stock market to crash. The bond market is raising long term rates and the market is reacting to a 6% 30year bond which says inflation may be coming soon. Look at the price of gold and silver rising slowly. Inflation or inflation fear whatever is taking all high flying high PE's down a bit. Right now cash is king and even MD knows it!

TTOSBT