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To: allen menglin chen who wrote (114084)1/3/2001 6:58:36 PM
From: Glenn D. Rudolph  Respond to of 164684
 
I won't be surprised to see a intraday rate cut based on Greenie's last move in 1998:

"A surprise interest-rate cut from the Federal Reserve Board sent an already solid rally into overdrive Thursday, pushing the Dow up more than 330 points to 8,299.36. Technology stocks chipped in as well as the Nasdaq composite surged 70 points to 1,611.05.


Allen,

Did you have some inside information or something<VBG>? I was re-reading your posts from Tuesday and your call on this rate decrease was perfect. Also, you call from going short to long. You insight or luck or whatever could never be matched this times.