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To: Roebear who wrote (59596)2/2/2000 2:14:00 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 95453
 
CNNfn is saying 2:14 is the time...

I predict 25 basis points, but he'd like to do 50 but didn't talk it up enough to prepare the market. They will maintain a tightening bias and everyone will expect another 25 basis point increase in march unless the economic data between now and then shows a real slowdown.

We should get another rally in oil stocks this afternoon. I'll be watching the tape to see if the big buys come through.