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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: ItsAllCyclical who wrote (3099)11/5/2001 12:56:14 PM
From: All Mtn Ski  Read Replies (3) of 99280
 
SOX is slowly backing off as well, semi's being the leading Naz group as they are, I think the Naz will follow suit. Really low TRIN today, however.

Anyone else here think we see only 25 BPs out of the FED? After the news of the 30 year being pulled, suggests to me that the FED policy hasn't worked, they are getting desperate and why blow 50 BPS when you can have 25 in reserve, which really doesn't matter anyway since prior easing has yet to have an impact?

Whomever said don't fight the FED would have been crushed in the past 9 months.

TT
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