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Strategies & Market Trends : Angels of Alchemy

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To: SirRealist who wrote (23572)	12/19/2000 2:23:38 PM
From: hjz	Read Replies (2) of 24256

Greenspan is conservative and I posted that last Friday that I would be surprised if we had a rate cut but that he would change bias. I am not sure who started the rate cut rumor but they probably wanted to rally the market to get out of some positions. If there wasn't the rumor of a rate cut, this bias change of 2 steps would be big news. This is actually good news for the markets and in the next couple of days, this will be evident. HJ

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