John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (3698)	4/6/2001 6:12:02 PM
From: Hawkmoon	Read Replies (1) of 33421

John... why I think the Fed will cut next week is that we're seeing a lot of the pundits shutting the hell up and not creating the environment where it appears AG is responding to the stock market and not the economy. He might have cut earlier if we all hadn't been so vocal (and I'm just as guilty as any one else of this kind of rhetoric). That's what I was thinking of yesterday when we rallied so hard. It was more than this jobs report, but a sense that the bears had taken it too far and AG was just looking for an undeniable excuse to cut between FOMC meetings. So maybe we have put in a bottom and are ready for a decent rally. Regards, Ron

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