The Amateur Traders Corner Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Amateur Traders Corner

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Kern who wrote (5726)	1/28/2001 10:29:11 PM
From: Tom Hua	Read Replies (1) of 19633

the FOMC has never authorized back to back 50 basis point cuts. Paul, there's a first to everything. A great majority (95%) of economists surveyed predict a 50 bp cut, and they were always right in the past. Greenspan's statement of zero growth is as clear as one can get from him to justify a 50 bp. The Dec employment report comes on Friday, NAPM on Thursday, both after the Fed decision on Wednesday. Don't count on 25, ain't gonna happen. Still, I'm betting on a moderate sell-off after the 50 bp cut. Few more earnings plays this week. At this time I see 4 potential short candidates tomorrow. Doing some final review in the morning. Regards, Tom

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next