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Pastimes : Trading the markets.....
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To: Peace who wrote (2955)1/25/2001 12:43:31 PM
From: wmwmw  Read Replies (1) of 4583
 
AG did say something unusual.
Judging from react of federal funds futures, when AG speech began, it first dropped down to a 76% probability for a .5 points cut, then when AG's later part of speech came out the future raised significantly, now stands at 92% chance for a .5 cut. I think market will recover from here and rally into FED meeting.
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