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Kaarv

06/30/04 9:28 AM

#1066 RE: BlissBull #1064

That's what i'm thinking too Bliss, a change in bias, rates unchanged.
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GMYachtsman

06/30/04 10:52 AM

#1075 RE: BlissBull #1064

BlissBull, I think if the Fed didn't raise rates at all, the equitiy markets would fall, not rise. The markets want a rate rise because they hate the future thoughts of more rises and want to get it behind them. If the Fed raised rates 50 basis points, instead of 25, there would be a big rally.