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Politics : Formerly About Applied Materials
AMAT 301.11+6.9%Jan 9 9:30 AM EST

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To: Ian@SI who wrote (41790)1/30/2001 5:38:09 PM
From: Marc Fortier  Read Replies (2) of 70976
 
There might be some selling tomorrow morning, but institutions should buy in as soon as the Fed will confirm its half point interest cut.

Some guys are even talking about a three quarters point cut. I actually thought about that possibility today, but I'd say that it would be quite unusual to say the least.

I'd rather bet for a half point now and an other quarter point between meetings if stats show that it would be useful.
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