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To: Boplicity who wrote (2164)2/2/2000 1:12:00 PM
From: candide-  Respond to of 35685
 
It all depends on what is said is right on the money. We could tolerate a 50 point rise if that was it. But, that aint the way Mr G plays the game.

My guess is that he will give us 25 points, and a warning for the next meeting. As a result we will get a relief rally which will end tomorrow when everyone starts talking about the next increase.

We'll know an about an hour.

C



To: Boplicity who wrote (2164)2/2/2000 1:14:00 PM
From: No Mo Mo  Respond to of 35685
 
This is from a friend after the close yesterday...

My spirits were lifted by the averages coming on strong again late today. I figure that only the most schizophrenic of investors could put a positive spin on tomorrow?s Fed announcement today, and hate it tomorrow. In other words, if we?ve discounted the worst possible scenario to play out tomorrow (50 pt. rise, ?tightening bias?) and have stocks go up, the worst scenario tomorrow should be met with a yawn, and anything less would trigger a relief rally.

-CrookedI



To: Boplicity who wrote (2164)2/2/2000 1:24:00 PM
From: Didi  Respond to of 35685
 
Hi Greg,

Let's take a vote, Will the market sell off big time after the fed releases it's news?

Nope, +++ initially, then retraces somewhat toward 4 PM. Maybe wrong, not the 1st time.

................................

Expansion Is Now Nation's Longest
107 Months of Growth Beats '60s Record
By John M. Berry
Washington Post Staff Writer
Tuesday, February 1, 2000; Page E01

For now, the Federal Reserve is intent on achieving a modest slowing in economic growth to reduce what Fed Chairman Alan Greenspan calls "imbalances" that if left unchecked could eventually create conditions that could end the expansion. Highest on his list are the extremely high level of stock prices relative to realistic expectations about future earnings and the continuing shrinkage of the nation's pool of unemployed labor.

Tomorrow the Fed is expected to raise its target for overnight interest rates as a step toward getting a handle on growth and easing those imbalances. Meanwhile, the longest expansion in American history continues apace with subdued inflation.


washingtonpost.com






To: Boplicity who wrote (2164)2/2/2000 1:46:00 PM
From: Voltaire  Read Replies (2) | Respond to of 35685
 
Hi gang,

just got back in. I say if it is 50 basis points we have about a 50 point sell-off then up, 25, only up. I am ready to fire at a lot of options if it is 50, guns are ready, that is why I rushed back.

Voltaire



To: Boplicity who wrote (2164)2/2/2000 2:20:00 PM
From: DOUG H  Respond to of 35685
 
I vote no big time sell-off no matter what.
1/4 pt. jaw boning, He'll tell everyone what he is looking out for.
These will be the keys going ahead.

bueno suerte

P.S. Dow may get hit with folks dumping Alcoa and the likes.