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To: UnBelievable who wrote (28176)10/13/2000 5:47:38 PM
From: NOW  Read Replies (1) | Respond to of 436258
 
I'm trying to figure out the meaning of todays action if there was any:
1) Very bullish as horrible news on inflation can be ignored.(ie the case for a quick rate cut is all but history even in the perma bull camp)
2) Very bearish as horrible news on inflation can be ignored proving that the mania is far from over and we have not even begun to see capitulation and a return to sanity required for the bear to have even really begun...
3) Proof that the fed works wonders in the futures pit (at least for now).