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Pastimes : Alan Greenspan MUST GO:
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To: wdlngduc who wrote (259)2/1/2001 8:08:45 AM
From: Ted Downs  Read Replies (1) of 494
 
Great analysis. I do feel many anticipated what you had proposed in that the market would go down after a 50 basis point cut. So now that we have got that out of the way do you feel the trend will be up or down? This is a little more difficult to call but I didn't see real selling with conviction yesterday. My thinking is after a few days of of indecisiveness this market will be ready to move higher. Especially the nasdaq which has about everthing bit of bad news thrown out there absorbed at this point in time.

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