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To: LTK007 who wrote (544)1/19/2001 2:52:36 AM
From: stormrider1  Respond to of 2155
 
Max, my feeling is that this rally is BS and even though I haven't taken part of it I will after reality sets in :)I really picture the big sell off after the fed doesn't cut .50. Facts are that Greenspan has never cut .50 twice in a row and I think the market is setting itself up for a down fall. The wildcard no one is thinking about is the fact that we have a new administration coming in that will probably get a decent tax cut into place. This is something I am sure will weigh on Greenspan's mind and cause him to be cautious as he has been in the past. Anything less would be wreckless on his part. I for one will be playing it very carefull. Btw I am studying options as a nice straddle play as it looks to be the best strategy for the next month :) Mike