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To: D.J.Smyth who wrote (143835)10/5/1999 2:27:00 PM
From: Patrick E.McDaniel  Read Replies (3) | Respond to of 176387
 
Darrell, the media folks need something to talk about!

:o)



To: D.J.Smyth who wrote (143835)10/5/1999 4:05:00 PM
From: Lee  Respond to of 176387
 
Hi Darrell, .Re:.they'll not show a bias and then tighten. they'll show a bias and then lower rates (as they did last year). it's so meaningless

LOL! Yep, can't mean much when they tightened twice with a neutral bias and did nothing when they had a tightening bias. <g>

The only thing this means is that the market will advance at a 1%/week rate versus a 3%/week rate? <g> For traders this means lots of buying opportunities on the days we get strong economic reports.

Maybe the good earnings coming up will make the Fed action little more than background noise.<g>

Cheers,

Lee