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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (40068)1/5/2001 10:20:05 AM
From: JRI  Read Replies (1) | Respond to of 42787
 
I agree that Fed "on our side" should put a floor on the market....Given a 50 pt. intra-meeting move...there MUST be more to come (at least 25 bp in Jan., and I'd think at least 25 bp in March)....it would be totally illogical for Greenie to cut 50 bp intra, and then not do anything as as a follow-up...in the meantime, Fed must be also adding liquidity each week too....

With the weakness in Japan, I would think some investor inflows from there should compensate for any repatriation by Euro investors....how much, I don't know...

I'm not happy with the continued Dow/Naz tanking here....BOA was no news...why not more recovery?