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 : Stock Attack -- A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lee Lichterman III who wrote (40964)1/15/2001 4:23:50 PM
From: Logain Ablar   of 42787
 
Lee:

I think 25 basis points is a given. Think about it. If the FED didn't lower by the 50 basis points we would have had a crash by the end of the 1st week (1800 on the naz anyway). Scary thought and he is still scared so I still don't rule out a 50bp.

Now if the market has factored in a 50 (if we break 2700 to the upside it definitely has) and we only have a 25 well we all know that will lead to, a good restest of supports. At this point I think we stay above 2,500 but if we break I'll be running for the hills (probably be whipsawed again).

Since his last statement about more of a concern for the economy versus inflation we can still see the 50. Just don't ask me for the odds.

I think we need to see the market the week before (and it is the honeymoon period, but history in a bull doesn't work in the bear) the meeting. If it rallys and is overbought odds will be its sold either way.

Tim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext