VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Boplicity who wrote (16499)	11/15/2000 2:26:59 PM
From: Boplicity	Read Replies (1) of 65232

Now we have a new gauge from the fed and inbetween change of bias. LOL <<14:16 ET Fed Watch : Though the Fed continued to say that the risks were on the side of inflation, their announcement was more friendly; it noted that softening demand and tighter credit conditions suggest that the economy will grow at something less than its potential, which could ultimately set the stage for rate cuts down the road. 14:16 ET Market Reaction : Equities retreat from highs of the day, as decision to maintain a tightening bias disappoints the market. Dow +54, Nasdaq +24, S&P 500 +5.3. >> The suckers will never let up! Greg

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