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Strategies & Market Trends : Drillbits & Bottlerockets

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To: Jorj X Mckie who wrote (2023)	1/26/2001 2:44:38 PM
From: Junkyardawg	Read Replies (1) of 15481

I read somewhere the other day (don't remember the link) but the article said that the 50pts the fed cut in Jan. attributed to somewhere around 10 billion dollars coming back into the economy. Now if another 50pts is taken off then by my math that is a minimum of 20 billion stimulating the economy thus the market. Maybe I am nuts but I just can't see the huge short positions staying short into those kind of numbers. I would also bet that 20 billion is a low ball number. With the 50pts we have already and another 50pts on the way that could cause a ripple effect and money could come pouring back into the economy at an unbelievable rate. I still think we see 3000 before Wed and I still think we go higher after the news, if it is a 50pt drop. dawg

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