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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: donald sew who wrote (1024)2/23/2001 10:30:50 PM
From: eddieww  Read Replies (1) of 52237
 
Donald,

I saw a 10-year chart of the fed futures contract superimposed on actual changes in fed funds rate a couple of weeks ago. It seemed uncanny, looking at it, that the futures traders were nearly always right just a week or two before the fed acts. It has been said by many that Greenspan follows the futures and bond traders, allowing them to tell him what to do. The inmates running the asylum, as it were. -g-
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