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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.97+0.1%Nov 7 4:00 PM EST

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To: The Prophet who wrote (69355)2/17/2001 12:03:20 PM
From: Zeev Hed  Read Replies (2) of 99985
 
The prophet, you may be right, but the only scenario that would call for AG to cut rates before the 21st of March would be a calamitous drop in the market, and then of course, my turnips might very well issue an "all clear" signal. Right now, you may be lucky if AG reduces rates by .25% on the 21st of March, of course, I have been wrong before. I missed the Jan. 3rd rate reduction, but strangely enough, the Turnips were calling to "load up" late in the week after Christmas and into the third. Part of the fed's urgency might have been the precipitous decline on the 2nd and third in the morning (consumer confidence and other numbers helped as well).

Zeev
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