Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (5165)	12/11/2001 3:55:45 PM
From: ldo79	Read Replies (1) of 36161

Iso Lance Lewis opined on this last night: "Tomorrow, we get our rate cut (25 bps seems to be what everyone is looking for,) and we’ll see what sort of statement comes along with it. Will this be our last hit of crack, forcing us to quit cold turkey? Or will Uncle Al promise more cuts next year “if needed?” Who knows? But there would probably be a fair amount of disappointment in stocks if an end to the cuts is signaled, and that might actually put a little support under the bonds. Whatever the Fed does, we may be setting up to see the Fed’s action get sold." prudentbear.com Regards, ldo79

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