A Simple List of General Do's & Dont's of Trading: Message Board

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Strategies & Market Trends : A Simple List of General Do's & Dont's of Trading:

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To: Arthur Tang who wrote (731)	1/11/2001 4:52:01 PM
From: Arthur Tang	Read Replies (1) of 769

January effect is being charged by Greenspan's correction of overnight discount interest rate. It will give banks more reserve and rebuilt capital. It will enable a looser monetary policy, and prevent any rug pulling by banks who can not support their customers' needs. Wall street will pull back once more before the final adjustment of overnight discount rate. Then maybe the January effect will reach its peak. Around March 15, before the tax reporting season(April 15) pulls back again. Disregarding the Greenspan effect, Wall street is seasonal and will be predictable as usual(401k effect). Good luck on all your investments.

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