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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.21+0.2%Jan 2 4:00 PM EST

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To: Zeev Hed who wrote (64987)12/22/2000 12:02:13 AM
From: Ibexx  Read Replies (1) of 99985
 
Zeev and thread,

Larry Wachtel of Prudential Securities wrote in his Closing Market Commentary (12/21) that there were rumors the Central Bank held an emergency meeting today. When approached for confirmation, the Fed said "no comment".

I think all the noise Bush Jr made regarding a weak economy and tax cuts have push Greenspan and company further into a corner. Political posturing overshadows economic reality - as always.

Ibexx
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