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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Boplicity who wrote (25935)12/19/2000 2:28:14 PM
From: DiB  Read Replies (1) | Respond to of 65232
 
>14:18 ET Fed Decision : Fed shifts directive to easing bias from a tightening bias

Looks very good to me. The bottom has been established.



To: Boplicity who wrote (25935)12/19/2000 2:42:08 PM
From: im a survivor  Read Replies (1) | Respond to of 65232
 
Agreed,,,,,I had some low balls in that almost hit in the immediate panic. The bottom line is we got what we thought we were going to get....no cut, but a move towrads easing. So now we can at least look ahead and look forward to some rate cuts in the new year.......maybe 2001 wont be as bad as some predict. After all, everybody thought 2000 was gonna be great and it turned out to be $hit. Maybe 2001 will be a decent year for stocks simply because we can look forward to .50 - 1.0 worth of cuts coming up....and as you said, ya gotta look forward......

How do you think the market digests this....you believe JW that naz is heading to 2200 area or so ? Wonder if Volty ran for the hills.....he said he was selling everything if we got nothing....at first, thats how they spun it....but now they are saying they did indeed ease....hmmmm



To: Boplicity who wrote (25935)12/19/2000 4:32:04 PM
From: freeus  Respond to of 65232
 
Oh OK there IS a change in bias, that's what I thought I heard.
guess the Naz just felt like selling off again.
Freeus