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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Cheeky Kid who wrote (31928)5/5/2000 12:23:00 PM
From: Junkyardawg  Read Replies (1) | Respond to of 63513
 
Here is a thought:
In my opinion, noting the very shakey stock market the everyone is on edge about the economy at present....I think it was almost a crime for Greenspan to not say anything about the economy yesterday in his speech or the numbers that have come out.
Greenspan has a "Power Thing" for lack of a better word.
He likes the power he has and he likes to leave the market hanging on and guessing.

With that said: I am changing my vote from a 50 point hike to a 25 point hike. He would rather raise 25 points and leave the market guessing than he had raise 50 points and letting the market have a clear direction of where he is going.

I can hear the analyst on T.V. now the day of the rate hike.
Well, we got another 25 point hike today but will the fed raise 25 points,50 points, or 75 points the next time around.

dawg