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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: penderjus who wrote (1025)2/23/2001 7:32:02 PM
From: donald sew  Read Replies (1) of 52237
 
Penderjus,

Frankly, Im not in favor of any action going back to cutting of rates back in 1998.

>>>> If the fed cuts rates it will push the panic button. <<<<

Not right away. I think that if the fed cuts rates it may give a false sense of security for a while permitting the rally that preceeds the final PHASE of the bear market, unless fundamentals can improve quick enough. In a way a delayed panic button, if fundamentals cannot improve fast enough for market sentiment.

I cant keep count of how many times CNBC has reported the WAYNE ANGEL comments. geez.
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