MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.89

+0.3%

Dec 3 4:00 PM EST

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To: Boplicity who wrote (78825)	6/15/2001 6:52:39 PM
From: t2	Read Replies (2) of 99985

This could be factor next week. Greenspan will be speaking. Might make for a strong first half of the weak at the very least. biz.yahoo.com I guess those brilliant economists are coming around to the idea of 50bps cut at the June FED meeting.<g> I could not believe so many were thinking 25bps for so long and many still are...unbelievable! Heard lots of comments of how many are changing their forecasts from 25 to 50bps. I would add the possibility of 75bps now..as the FED sees that its rapid pace of cuts may not be fast enough..they need to shock the market and that would be the case for 75bps. The reality is they are targetting the market, no matter what they say publically..because of the market's effect on consumer confidence.

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