Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (2201)	3/7/2001 2:20:32 PM
From: JRI	Read Replies (1) of 52237

Beige book was not the ticket for tech, IMO, intermediate term........even McTeer says we are probably not going to go into a recession...0% chance of inter-meeting cut, IMO...and I think Fed will err on the slow side on future hikes.....we'll get 50 BP end of March...but after that, likely steady cuts, nothing spectacular, IMO....unless the data gets REALLY bad.. (I have to agree w/Les Horowitz here): Greenspan needs to worry about dollar too....Europeans not helping- not lowering rates...that interest rate differential is problematic for a further huge easing scenario.... Naz/Dow still holding up though....amazing, given today's news....where's the juice going to come from tomorrow? Only so many major strategists left to come out and say, "Stocks are a buy!"...

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