January Effect 2003 Message Board

STOCKTALK

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Strategies & Market Trends : January Effect 2003

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To: RockyBalboa who wrote (556)	6/17/2003 8:55:07 AM
From: RockyBalboa	Read Replies (1) of 666

Now with the bonds cooling a little the Eurodollar spreads remain strong and tend to widen a little. I doubt I see the 1pt for the December maturity again... I think, the feds expectations management could put the money market upside down, ie reducing hopes of a 0.5% rate cut to zero. The Mar 04 future at 1.05% is something very tempting to be long.

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