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Strategies & Market Trends : Sharck Soup
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To: velociraptor_ who wrote (12348)3/20/2001 10:41:19 AM
From: Frederick Langford  Read Replies (1) of 37746
 
Anyone who is still expecting .75 out of Greenspan deserves to get hit.
The real economy isn't all that bad.
AG ain't going to go .75. If he did there would be NO chance of any intra meeting cuts. I find that worse in the longer term. Going to be a while before next meeting.
1.5 basis points in one quarter is pretty radical and the market should realize that. I suspect it will.
No clue as to immediate response, but it will be whippy for sure.

Fred
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