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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.72-0.1%Jan 16 4:00 PM EST

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To: Haim R. Branisteanu who wrote (74026)4/5/2001 1:30:34 AM
From: Kailash  Read Replies (2) of 99985
 
Haim -

The dollar is still very high, if falling; Greenspan has room to cut, and might do so purely to delay the stockmarket fall -- "manage the crash" -- he's done worse things before. The Brits may cut tomorrow.

"The Bank of England is halfway through its two day meeting after which it is widely tipped to cut interest rates. An announcement is due at noon in London (1100 GMT) on Thursday."

news.bbc.co.uk

Kailash
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