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Strategies & Market Trends : Trader J's Inner Circle
NVDA 181.77-2.2%1:41 PM EST

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To: LTK007 who wrote (41466)3/20/2001 1:13:27 PM
From: ajtj99  Read Replies (3) of 56537
 
Max, I believe 50BP will be the move today. It's what's prudent and necessary based upon the economic data presented to date.

It will also show the Fed's independence of Wall Street and Washington. I think the Fed needs to send a message to Wall Street that they shouldn't rely on the Fed to fix fundamental flaws that feed high valuations in the current market environment.
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