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


To: Square_Dealings who wrote (40970)1/15/2001 6:34:38 PM
From: JRI  Respond to of 42787
 
Michael- I agree with your hypothesis, except for I think we get a 25 BP EVEN if the Naz is at 3000 on Jan. 31st (unlikely, I know)....Greenie is not going to do an intra- meeting 50 bp (as he did 2 weeks ago), and then not follow up at the next meeting with something...that would be too spastic, and would open himself up for a torrid of criticism, IMO....

If the market tanks to 2000-2300...I expect the 50 bp will be the call...I am basing this purely on the behavior shown at the December speech, and on Jan. 3rd....If these moments didn't indicate a sensitivity to Naz/credit market conditions, I don't know what ever will (absent a direct statement by Greenspan)..

To all others who responded, I'm not saying what Greenie is doing is right, or needed, or healthy for the markets, (or whatever)....just trying to forecast (if possible), and trade accordingly...."What OUGHT to happen" hasn't happened much the last few years...



To: Square_Dealings who wrote (40970)1/15/2001 10:18:50 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
>> If the market holds up or even rises into the meeting the Fed will not cut and then the
market will go down on that. <<

Until recently, I expected .25 If they don't cut AT ALL, wow-- monster short that will be. I even think .25 may create some trouble. That intra-meeting .50 cut may have created an addiction!