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Technology Stocks : CMGI What is the latest news on this stock?
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To: Scarecrow who wrote (11202)6/30/1999 11:24:00 AM
From: Ken   of 19700
 
>> The weird thing is, I get this sense that a .25 takes us down, but >> .50 takes us up... Or is that too simplistic?

I agree. 50bp coupled with a change to neutrality would mean it is done and over. The market can go on without worrying about another rate hike for a few months.

A hike of 25bp, especially without a change to neutrality, will keep the market on edge....probably what the Fed wants. :(
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