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Anyone NOT fed-watching at this point has gotta be brain-dead.
Yeah, watch the PPI number this Friday arrive on the high side....
the S&P will be cliff-diving....again.
The Nasdaq may go down a bit, but I think the consensus is these stocks are
less affected by more interest rate increases. I'd be a buyer on a pullback
from here.
> -----Original Message-----
> From: david b. stanley [mailto:davestan@xxxxxxxxxx]
> Sent: Tuesday, June 06, 2000 3:00 AM
> To: omega-list@xxxxxxxxxx
> Subject: Fed Sandwich
>
>
> I hope this isn't on the menu all summer.
>
> Fed Sandwich
>
> ...a hardy helping of market inactivity
> ...served between 1 slice of Monthly Employment Report
> and 1 very stale slice of PPI.
>
> For you entertainment...
> Catch our occasional presession or session-ending complete
> average daily range occuring in a time span of no more than 5minutes.
>
>
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