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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (61848)12/17/2000 10:23:09 PM
From: Junkyardawg  Read Replies (2) of 63513
 
Hypothetical question;
If the FED lowers Tuesday, what will the market do?

Personal opinion; I think a lot of money got out when the FED first raised interest rates a year ago and that money is still waiting on the FED to start lowering rates. If this is true then I believe the market will run hard. One thing to think about though...if this theory is correct then the FED knows it and they may not lower rates for that reason.
If the FED lowers rates I predict a Nasdaq of 3900+ by Jan.1.
If they stand pat and don't do anything I think we are in some serious trouble. The FED started this mess and in my opinion they are the only thing that can stop it.

Does anyone else like Yahoo if the FED lowers?

dawg
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