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Strategies & Market Trends : Classic TA Workplace
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To: JRI who wrote (9913)8/13/2001 10:06:53 AM
From: AllansAlias  Read Replies (3) of 209892
 
If it were not for the closeness of the Fed meeting, I would be on guard for a surprise cut here, justified by a weak consumer (retail sales) release tomorrow. I guess they can't though because it would look so panic'y. Only so many bullets left in that gun anyway. -bg

Treasuries see another cut, then rates going up by December and again into next summer. They are betting on a fast turnaround (aka 'V bottom').
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