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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (25445)	12/19/2000 2:28:56 PM
From: KevinMark	Read Replies (1) \| Respond to of 49816

Not much more. Maybe tomorrow, but that will be the extent of it. No more negative news to way down the markets any longer for the short term.

To: DebtBomb who wrote (25445)	12/19/2000 2:38:45 PM
From: Bryan	Respond to of 49816

I think this is better Dale. A clear bias toward easing is the better course for us right now. It means that the FED is aware of economic developments and they will take official steps to deal with it. Had they actually cut rates (and I guarantee you this), the talking heads would have injected an economic meltdown scenario into this market. There would be a panic, as the move would have implied that there was an emergency economic situation to deal with. This bias indication is better for the market, IMO. If there is any underlying strength in the NAZ, we will see it between now and the next FOMC. Good Luck, -B