SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Sharck Soup

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: besttrader who wrote (28953)6/21/2001 3:36:36 PM
From: Lane Hall-Witt   of 37746
 
Yes, they're definitely looking for 50 in the equity markets. I don't see any way Greenspan can give them 50, though. The Fed doesn't have much more to give -- maybe another 100 basis points, if they're desperate -- so they've got to ration that out carefully. I personally don't think they'll give us more than another 50 total before going neutral. Greenspan also has to wean the markets off of the rate cuts. All year, that's the only thing that's given the markets any hope, and it'll be a disaster if he stops cold turkey. I think that means 25-25 at the next couple of FOMCs, and that's it. The market isn't at all ready for this--.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext