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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Bruce Brown who wrote (37544)1/4/2001 9:13:53 PM
From: LindyBill  Read Replies (2) of 54805
 
Another rate cut after the bell today. A minor one, a 1/4 on the discount rate, but the Fed must be scared to death to do it this soon.

It's like a "goodnews, badnews" situation. The rate cut is good, but the reason for it is probably bad news on the employment report due out tomorrow.

My feeling is that the companies most of us are in are going to have great quarterlies. I used to think that this would propel the stock prices, but lately nothing is for sure.
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