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Politics : Formerly About Applied Materials
AMAT 235.13+2.2%Nov 10 3:59 PM EST

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To: Math Junkie who wrote (50607)8/15/2001 4:31:16 PM
From: michael97123  Read Replies (3) of 70976
 
Changing the subject I have a Question
What effect will the fed have on the market next week? Anyone believe that a 1/2 point cut (a)can happen (b) will have a positive effect on the market and (c) will have a postitive effect on the economy?
I am assuming most of us believe a 1/4 point is coming and there will be no appreciable effect on the market. That is the conventional wisdom at any rate. Call me a dreamer but i am beginning to buy into 1/2 and that it will jump start the markets which in turn will jump start the economy sooner. mike
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