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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (33048)3/12/2001 10:32:15 AM
From: stockman_scott  Read Replies (1) of 65232
 
When you see comments like these YOU KNOW we may be getting near the bottom...

Message 15486431

Message 15486328

There is A BOATLOAD of fear and frustration out there....Many now feel the FED is incompetent and out of touch. It's crunch time for Greenspeak--> his legacy is on the line. IMO, he should consider an inter-meeting rate cut today and surprise the market again....another rate cut on the 20th of March could easily be justified as well. The problem is that The FED is so far behind the curve that the US economic slowdown is now spreading overseas to other economies -- Cisco's CEO communicated this in the last few days. Do we need any more evidence? Is the handwriting on the wall?

Best Regards,

Scott
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