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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ditchdigger who wrote (29146)10/28/2002 1:33:28 PM
From: Sergio H  Read Replies (4) of 29382
 
Ditch, I'm confused as to market rally. Economic numbers are still weak and there's the threat of a terrorist attack looming in the background.

The November fed funds contract (FFX2)is pricing in a 65 percent chance of a 25-basis-point rate cut.

The December fed funds (FFZ2) is pricing in a 100 percent chance of a 25-basis-point cut in December.

Sergio
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