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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Paul Shread who wrote (10356)6/27/2001 12:45:04 PM
From: TechTrader42  Read Replies (1) of 52237
 
It's amusing how the market is rallying before the rate cut. Investors know a sure thing when they see it, don't they? That's what people like about the market: It's so nice and predictable.

I'll stick my neck out and say that I think the market's going to be very disappointed if Greenspan doesn't raise rates 15 percentage points to 19. The market is looking for a strong vote of confidence. So if Greenspan doesn't raise rates to 19 percent, we could be in for a drop. But don't be alarmed: The market makers will warn everyone that a collapse is imminent and give them 15 mintues at 2:15 to get out at good prices.
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