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To: Sonny Blue who wrote (58839)5/27/1999 1:33:00 PM
From: 16yearcycle  Read Replies (2) | Respond to of 164684
 
Sonny,

I think it is too soon to be sure when the fed will act. A series of benign reports will put it off until August which will allow the normal June- mid July rally to develop. All that I think is happeneing is that the dow needs to correct about 7%.

I agree that the fed will do 1/4 within the next 3 meetings.



To: Sonny Blue who wrote (58839)5/27/1999 7:36:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
EK, the Fed will raise interest rate. We may have a deeper correction before we can go
higher. Yesterday rally looks more like a dead cat bounce now.

Sonny,

This was a rumor and I do not believe the rumor.

Glenn


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