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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: JRI who wrote (441)2/18/2001 11:27:25 PM
From: donald sew  Read Replies (1) of 52237
 
JRI,

>>>> I don't expect an intra-meeting EXCEPT if the Naz falls precipitously towards 2000 (in a big down day(s) type
<<<<

What happens if the DOW does not sell off but the NAZ drops even below 2000. Frankly I dont think GREENSPAN will cut rates unless the overall market in total was to really drop hard, say DOW near 9000 and NAZ below 2000, now that the recent supports were fairly positive. Of course he realises that the market can effect the economy, but just to focus on the NAZ - there are still alot of money in DOW/NYSE stocks.
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