Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (7333)	1/3/2001 9:58:05 PM
From: Sergio H	Read Replies (1) \| Respond to of 13094

William, as of yesterday's closing bond market had factored a 60% chance of a lower rate by the end of the week. A peek at Friday's labor report is one guess. Sell off in utility and energy stocks may be a nice re-entry opportunity. Sergio

To: Bucky Katt who wrote (7333)	1/4/2001 12:13:07 PM
From: James Strauss	Read Replies (1) \| Respond to of 13094

William: I agree that the FED didn't like what it saw... It wouldn't surprise me if we got another 1/2 point cut in the Fed Funds rate at the end of Jan... I don't believe in coincidences... It was no coincidence that the FED cut rates the same day Bush had his economic summit in Houston... This either means that Bush and Greenspan cut a deal on a slimmed down tax cut package or going 180 degrees in the other direction, Greenspan is flexing his muscles to head off a large tax cut which he feels would interfere with paying down the debt... We'll probably know the real story in the next six months... Jim