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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Chip McVickar who wrote (42221)12/15/2000 7:18:06 AM
From: virtualsignal  Read Replies (1) of 44573
 
That's my favorite hockey number...#6,

and I like that idea of pushing each other around the slopes, hehehe...

Then we can recover at OpusX's workstation :)
___________________

I am basing my Fed thought's on the Fed Funds rate, which suggest a cut or two in the coming 3 months. Also on Fed Speak, most recent was yesterday, in an interview with Bridge News, former Fed Governor Lyle Gramley said he thought the odds of a cut at next week's FOMC meeting were 50%.

The economy is slowing, as per GDP and retail sales, along with tame inflation numbers for the most part, with the exception of risk's in the labor mkt and some service sectors.

Tho I must admit, I hadn't considered the W effect on Fed policy making, as you suggest, it might be a major negative factor. We shall find some hints of the W in action and then the -reaction- in the coming weeks.

Thanks for your perspective
I marked this post per your request
Like OpusX, I hope your wrong about the rate cuts
But I also know you could be right
:)
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