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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts
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To: Junkyardawg who wrote (61964)12/19/2000 2:23:42 PM
From: Jorj X Mckie  Read Replies (2) of 63513
 
bias toward easing by the fed, no rate cut.

Naz now negative, but I think that the market will rally on this.

Larry Kudlow says that we should have a rate cut before the next meeting. I believe that this is what will happen. By not going to neutral bias and actually leaning toward easing, the fed is telegraphing the next move. A rate cut today would have had too much of a manic rally effect. This will allow for a healthier slow move up.

I am buying right now
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