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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.72-0.1%4:00 PM EST
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To: KevinMark who wrote (64479)12/17/2000 7:01:47 PM
From: NucTrader  Read Replies (1) of 99985
 
RE: Lower interest rates.
Numerous people have pointed out the similarity between the Nikkei bubble and the NAZ. The Japanese cut the hell out of interest rates the whole time the Nikkei was plunging and guess what? Didn't help a thing. It's scary to contemplate, but possible that interest rate cuts at this point won't make that much difference, especially if the economy is coming in for a harder landing than most envision. FWIW.
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