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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?


To: KevinMark who wrote (23472)12/16/2000 10:10:04 PM
From: Whiteboy  Read Replies (1) | Respond to of 24256
 
I am thinking that a run into the 3400 area by the end of Jan-mid Feb is going to start next week.

1. If Crazy Al lowers 1/4 point we all know it will rally (thats a no brainer)
2. If he goes to a neutral or loosening bias, then people start buying in anticiption of Jan's Fed cut.

When #2 happens I would rather be buying earlier then too late because if this economy slows anymore and Al does #2, he might not wait until Jan to cut rates and catch everybody by suprise around the first week of Jan.

IMHO
Whiteboy



To: KevinMark who wrote (23472)12/17/2000 2:18:34 AM
From: SirRealist  Respond to of 24256
 
Good, Kevin, that'd be nice. Personally, I think Greenie was just waiting to pay back his Texas buds, so I agree with the rate cut. We'll see.