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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (10439)	1/23/2001 3:33:04 PM
From: herringbone_100	Respond to of 30051

<<it sounds like the drunken orgy bell is being rung>> LOL! watch BEAS-broken over 64 resistance and not fully ramped yet like the other slutty stocks with mo-mo.

To: Logain Ablar who wrote (10439)	1/23/2001 3:34:16 PM
From: Bosco	Respond to of 30051

Hi Tim & all - it appears that Fed is sending out a faint smoke signal. From CBS MW Guynn sees credit squeeze --3:02 pm - By Rex Nutting Jack Guynn, president of the Atlanta Fed, said he sees a "healthy" credit squeeze curtailing growth in some industries, but doesn't see evidence of a "traditional kind of a credit crunch" hitting the general economy. Guynn, speaking to reporters after a speech in Montgomery, Ala., said banks had properly tightened their lending standards in response to the slowing economy, Reuters reported. He said the Fed's abrupt rate cut earlier in the month had already boosted investor confidence, Bridge News reported. The full impact of the rate cuts won't be seen for nine to 12 months, he said. Guynn made no comments about next week's meeting. best, Bosco