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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (2351)	9/26/1998 11:02:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) of 7247

if greenspan lowers rates a 1/2 point(which is what i believe he will do)>>>>> well there are many in your camp although to me it seems unlikely to have that big of a move from a neutral bias....first time out there are some bond traders that came on CNBC that 1/4 point was already priced into the bonds..and 1/2 point was starting to be factored in some talking heads are saying 1/4 point is priced into the stock market and possibly 1/2 it's hard for me to see how someone can say confidently that 1/4 is priced into the stock market..but not 1/2 or whatever.... what you seem to be implying is that 1/2 is not priced in..but over 1/4 is priced in....since 1/4 would cause a sell off so what makes you think that?

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