Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Von who wrote (16840)	8/2/2002 3:02:07 PM
From: aktony	Read Replies (1) of 36161

Von. Right you are! They will try a last gasp effort to prop up the economy. At 14:14ET, Briefing.com notes JPM Securities comments on mortgage stocks; believes that breach of 2% by the 2-yr Treasury (for the first time in history) indicates that the bond market is factoring in a Fed rate cut. IMHO this last prop job will target the POG, so I expect another dip before the finale.

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