Market direction - Shouldn't be ever predicting this one

Market direction - Shouldn't be ever predicting this one. I have a poor understanding of economic forecasting. I shouldn't delve into that and instead focus on my strengths in investing.

- Ahu

From: "Ahunawar Chhapgar" Date: Fri Jan 6, 2006 8:33 am Subject: Re: [stock_sharks] Market direction

good point Ameez there "might be a slowing of the hike" is the correct way
to put it.
Folks by the way: Ameez is a very old friend and works with Freddie Mac in
the fixed income markets.
Prateek: CRM though seeming overly priced got an upgrade this morning and
might make a SNDK like move before earnings. Their new target is a
outrageously high $50 and I won't be surprised if it gets to 45 bucks in no
time.

>From: A Nanjee >
>Subject: Re: [stock_sharks] Market direction
>Date: Thu, 5 Jan 2006 21:32:42 -0500
>
>Just a clarification: Fed minutes, which were recently released, suggested
>there might be a slow down in hike. One of the many factors for this
>announcement could be because in March Greenspan retires. They may want to
>give the new chairman, Bernanke, the freedom to choose the direction he
>wants to take. But this does not necessarily indicate a sure stop in the
>rate hikes. Having said that, the Fixed Income side of the street did
>indeed
>lower the probability of a rate hike from 75 to 50%.
>
>Finally, the inverted curve is only between the 2 and 3 year point. All
>projections are suggesting a steepning within 6 months, either Bearish or
>Bullish.
>
>Ameez
>