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Strategies & Market Trends : The Amateur Traders Corner
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To: Tom Hua who wrote (12809)8/17/2001 11:59:43 PM
From: Roger A. Babb  Read Replies (1) of 19633
 
Tom, I am going out on the limb with a prediction of no cut but language holding open the possibility of more cuts if needed. It may be that the strongest signal from the Fed would be one of "no cut, the economy is showing signs of recovery". I also predict that the market will decline with a 25 cut, would have a short rally on a 50 cut, and a sustained turn back up with no cut.
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