Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 193.09

-3.0%

10:11 AM EST

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To: LTK007 who wrote (45842)	8/15/2001 12:17:45 AM
From: ajtj99	Read Replies (2) of 56532

Max, I'm not sure the Fed will repeat what they did in May. The situation then was quite different. At the time they were trying to prop up the market at all costs. I believe now with the rebate checks in the mail and the lag time for the first cuts kicking in, they'll be a bit less likely to repeat the event in May. Just my thinking. I'm not really sure how things are going to go between now and then. My first inclination is that it will be down towards the end of this week, up on Monday and Tuesday, and selling off after the meeting.

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