Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: stockman_scott who wrote (2842)	3/14/2001 10:49:34 AM
From: Lee Lichterman III	of 52237

My personal opinion is all this hype about rate cuts is one of the reasons this bear just keeps grinding downward day after day. I don't know how Greenspan could make it any more clear without standing on top of the Congressional table and jumping up and down. The FOMC is not going to make it a habit of cutting rates between meetings. The last couple times were rare occurances and they don't want to do it anymore. Read his speeches and testimony. The perma bulls should be sweating on if they will even cut 50 basis points for sure. The economic data isn't really that bad. If it wasn't for the Fed Funds futures pricing in 50, I would be leaning toward only 25 myself but I know better than to think different than those guys who are almost always right. Looks like Max Pain is over riding the FA from Europe...... Greed is good. <ggg> Good Luck, Lee

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