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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: All Mtn Ski who wrote (3101)11/5/2001 1:06:15 PM
From: ItsAllCyclical  Read Replies (2) of 99280
 
I only see a 25 pt cut for four reasons.

1) They finally got rates to come down dramatically when they elimated the 30 yr bond

2) Greenspan may need more ammo next year if the economy stays weak.

3) Greenspan has been more gradual in the past.

4) This latest rally on the Nasdaq has to have Greenspan a little worried about rallying too hard too soon. Will he want to throw a little cold water on this greed and speculation on the part of the longs?
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