The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (207)	11/16/1998 8:16:00 AM
From: Jay Ray	Read Replies (1) of 90042

Hi Tim. fwiw I don't think uncle Al is going to lower rates now. The fed's done it twice recently. Since it takes a while for a rate reduction to impact the economy I think they'll wait until the results of the last moves are clearer. I'm going to hold some cash for the next couple days. I don't think the market will move much if I'm wrong since it seems to have already factored another rate reduction in. But if I'm right there will be some good buying opportunities for high quality stocks later this week. Whats your read on this? Jay PS - Hope all is well. Its good to see you back.

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