Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 306.28

-1.0%

Dec 4 4:00 PM EST

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To: MrGreenJeans who wrote (6657)	11/3/2002 5:09:59 PM
From: Return to Sender	Read Replies (1) of 95525

My post was bearish? Not really. I admitted the market is likely to continue higher Monday morning and perhaps early next week. Although lately a strong open means a weak day. The reverse has been true as well. Still everyone is on FED watch with almost zero chance that we won't get a rate cut. That should be positive for the market until Wednesday. Beyond that I'm not so sure. So how big a rate cut do you expect on Wednesday? I think 25 basis points. Could that cut be factored into the market by then? If so is it possible that the market could fall after the FED does its thing? Please expound. I'm intrigued by your faith in the FED. They've done so well propping up the market these last three years. RtS

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