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Strategies & Market Trends : Steve's Channelling Thread
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To: Rich1 who wrote (18684)6/24/2001 11:00:26 AM
From: Mark Johnson  Read Replies (1) of 30051
 
If the fed cuts by 25 basis points maybe we'll see 1900...if we see a half point cut, things stabilize and have a positive bias for the summer.....two long months until the next fed meeting....The economy still hasn't felt the effects of the prior rate cuts....and with those tax rebate checks in the mail, consumer spending will increase....
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