Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: ColtonGang who wrote (119354)	12/18/2000 12:09:49 PM
From: Dave Gore	Read Replies (2) of 120523

Cotton, I strongly disagree. If Greenspan lowers by 50 basis points the Market will TANK! That said, there is no chance he will do that. Be careful what you wish for. You cannot scare the market like that. They know AG is a very conservative guy; if he lowers by 50BP, it will be a signal that the economy is in MUCH worse shape than anyone thought (in his eyes). The Market might even panic a little on a 1/4 pt cut. I think they would initially like it very much (rally), then think about it, then worry about it (slight to modest sell-off). Personally, I still hope we get a 1/4 pt. cut. We need it now for later on down the road.

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