RE:Fischer Says Negative Rates Seem to Work in Today’s World-ve rates in other foreign companies help S&P 500, so Yellen texted to me on my Crackberry. Slow production growth means rate increase on hold. S&P to 2230 on next leg up real soon. Funny people mention the S&P chart here usually only to say it is overbought. And ripe for pullback, not often enough to say it is ripe for another leg up. Which I think it is ripe for. Forget the P/E ratios. They are not too high (at this point in time) considering the Fed policies. They were higher in the 2000 bubble which had much less involvement by the Feds. The more cautious the market is, the stronger it remains, as it is now.