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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Paul Shread who wrote (34881)11/6/2000 12:38:46 PM
From: adcpres  Read Replies (2) of 42787
 
That's something I hadn't considered for this month -- a rate cut? If that happens on the 15th, then this thing will explode -- forget the bearish wedges. I can't see the FED cutting yet. I would think they would like to see data on the economy weakening over a longer period than just a few week to a month before deciding. After all, the labor market is still very tight -- the FED is obsessed with inflationary pressures, not fueling expansion. GH
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