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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: LLCF who wrote (53975)1/4/2001 10:48:00 AM
From: marginmike  Read Replies (1) of 436258
 
I think earnings warnings are more importent then Govt #'s. The assumption is we know its BAD and the fed is saving us. The question is how much does rate cut actually help the econ. When stocks were going up Higher rates were suposed to be irrelevent, Are lower rates also irrelevent? The only thing that will save the day is a stock market rally that will put money back in consumers hands. If this occurs in the next 6 months the Bear could be el MORTE
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