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

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To: Jorj X Mckie who wrote (61879)12/18/2000 9:54:04 AM
From: mph  Read Replies (2) of 63513
 
<<I believe that the fed will react slowly and will telegraph the move. I believe that the fed telegraphed a neutral bias, not a cut.>>

I tend to think you're right about this.
They'll likely go to neutral bias first.
Changing direction is like turning a cruise ship.
Can't do it on a dime and they're not inclined
that way.

p.s. Roscoe's anyone??<g>
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