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Strategies & Market Trends : Trader J's Inner Circle
NVDA 182.35-0.6%Dec 5 9:30 AM EST

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To: Nicole Bourgault who wrote (5229)1/20/1999 9:32:00 AM
From: Trader J   of 56535
 
Nicole: Greenspan - If anything, he will lower rates by .25 but I think this time through, they will probably do nothing until the full Brazilian devaluation and economic problems are done....although normally they like to be a bit more proactive than that. I would say it is about 60/40 against him lowering rates.

However, there is nothing stopping him from coming up with some new phrase our outlook that will send the markets into a tailspin...but I don't think that will happen either.

Still, as Poet suggested, those without a tolerance for risk or with nice profits, may want to pull some off the table

TJ
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