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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (80579)	5/11/2000 1:18:00 PM
From: benwood	Read Replies (1) \| Respond to of 132070

I agree, Skeets. Best scenario for AG.com is to get the market thinking 50 basis points, and then come in at 25 basis points and a generous wallet. The relief rally could be huge. For a day or two, anyway, until reality starts to knock again. Anybody besides me think the Japanese are a lot better and seeing what's coming down the road than the Bubbleonians in America? I can't help but think that the Nikkei reflects this.

To: Skeeter Bug who wrote (80579)	5/11/2000 1:29:00 PM
From: Freedom Fighter	Read Replies (2) \| Respond to of 132070

Skeeter, >>no way alan.com raises 50 bp. no way!<< There's a zero chance (or close) of a 50bp rise. The Euro is under a lot of pressure and the ECB only raised rates 25bp a few weeks ago. The two central banks have been coordinating their interest rate moves since the rate hikes started. The ECB failed to raise rates today so I think it's a done deal that the fed will raise only 25 bp. Otherwise "perceptions" are that the Euro will come under even more pressure. The Europeans are still talking about a strong Euro so unless they are totally full of it (a good possiblity).... Wayne