(Q) Just what will the trouble with Hyman be? It seems that
the trouble was in the Federal Reserve centers - it may have
been in regard to the raising of re-discount rate by
different branches of the Federal Reserve in the different
cities, and the different markets in the various centers
were going down. Just what does that mean? What will the
effect be on the stock market?
(A) This, as we see, is confusing in the way and manner as
is presented. There has been given that which would be the
trouble with Hyman. That condition as is signified in that
as respecting the various conditions taking place in various
centers as respecting Federal Reserve, and regarding the
raising of rates, etc., and the effect as will be had upon
the stock exchange or market quotations, especially that one
of the N.Y. Exchange - this, as we see, will have the effect
of making in the first portion of the week a slowing up - and
of SOME SPECIAL ones being off; yet we find there is not any
special change in that as should take place as respecting the
two specific stocks as has been given would be on the
advance. While there may be the continued up and down, with
the variations - or the easing up of conditions on the
general market, yet these should be those - and WILL be
those, unless there are other specific changes than as are
apparent at present, that of Sears Roebuck and of Macy,
continue to be the advance until there is near the 189 in the
one and at least twenty points - yes, more than that, for
they will be double in that of Macy's.
(Q) What is the general perspective of the market for the
coming week? for the general market?
(A) As given.
(Q) What can we expect of Sears-Roebuck - the price of the
stock? and of Macy's?
(A) As given.
(Q) Would it be well to be out of these, or just what?
(A) Act in the way in keeping with that as has been outlined
HERE! If desired to get out, get out! If desired to hold
on, hold on!
(Q) Any further advice that will be of assistance to these
bodies?
(A) The general perspective, as is given, is as is seen at
present - Should there be changes, these should be presented
to the bodies in the activities of same from day to day, and
should be acted upon as they ARE presented. While here in
these, as has been seen, we find rather the worry of changes
causing uneasiness and fear in the mind of the body
influencing the various conditions as were presented - yet
we find, as is seen, these are NOT in the way of the actual
operations. Then, what has taken place in the mind of
[
900] as to cause such conditions? Fear! We are through
for the present.



Edgar Cayce Readings © 1971, 1993, 1994, 1995 by the Edgar Cayce Foundation