Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Stock Farmer who wrote (2448)	3/19/2001 3:02:48 PM
From: bambs	Read Replies (1) of 74559

it's about time we got a fomc run....i've been waiting for this.... I think we may only get 50 bps tomorrow and the market will sell hard and keep selling until we get a surprise cut to save it. 75 bp, if it happens will give us a pop for a few hours or days...depends on who warns this week and when... I will be looking for warnings after the bell tonight...just like amat did in front of the last fomc...dirty trick but it worked for amat at the time...i think some will try it. wow! nice rip here while i type...all the crap-o-la is running... tomorrow could be the key turning point for the US dollar...t-bill yields will be lower then euro-bonds i believe...could really effect the way the next few months play out...i'm sure the euro-banks will follow the leader and play ball with greenscam though. at any rate...i think i am going to dump some longs i got this am and wait for afterhours... I'm not going to try to play the gap up...to risky for me...i think we will get warnings tonight and premarket tomorrow. good luck, bambs p.s. check out NTRS...long and short as the rate cuts go

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