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Technology Stocks : JDS Uniphase (JDSU)
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To: im a survivor who wrote (18514)2/14/2001 11:31:03 AM
From: t2  Read Replies (2) of 24042
 
kg4, My point is that he NOW sees a big link between consumer confidence and the stock market, in particular the Nasdaq. He will not take any chances is my feeling. He may be concerned that the market now expects the FED to be less aggressive given his comments...he said no such thing but his worry may be that the market understands it this way.

Maybe it does not happen today but very near is likely if the market stays down.
He is going to target the markets,IMHO.

Even if not today, will investors or short sellers wait to put some of that 2 trillion dollars to work in the market in the face of lower interest rates on the way cutting into money market returns?

Just my hypothesis..you can disagree of course.
and...I am not smoking anything..yet
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