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Strategies & Market Trends : Rande Is . . . HOME

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To: American Spirit who wrote (46555)2/2/2001 7:42:25 PM
From: dieselfuel  Read Replies (2) of 57584
 
AS... How's it going?

I agree with you.
I think within the next 18 months, Greenspan could cut rates another 1 1/2 points if not 2.

I've heard of some people who think he could cut as much as 3 points within the next 18 months.

I'll be watching mortgage rates closely, looking to buy a new home.
Maybe it's time to look at the bank and mortgage lenders stocks. This enviorment can only be good for the re-financing market. Also, new home sales are still rising.

This economy isn't as bad as a lot of people make it out to be. Sure we have some lay-ooff, with more to come. But, I bet in 6 or 9 months, these same companies will be hiring more workers.
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