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To: 5dave22 who wrote (18689)1/26/2001 8:12:56 PM
From: Zeev Hed  Respond to of 60323
 
I think that there are going at least two catalysts for a possible bottom in mid March, the first, if stocks indeed decline that sharply, that will be accompanied by excessive pessimism, excessive pessimism is an excellent catalyst for at least a rally if not a turn. The second catalyst will, IMTO, be the next FOMC meeting on March 20th, well before it we are going to look at the lousy numbers the economy is going to deliver and look at the fed's for panacea. The third is not really a catalyst, but if we do not have a recession, a third cut in the rates has often coincided with major bottoms.

Zeev



To: 5dave22 who wrote (18689)1/27/2001 11:09:55 AM
From: im a survivor  Respond to of 60323
 
<<What could possibly change investors/consumers minds by March, with ANOTHER huge hit in techs? That's only five weeks away, after all.>>

Doesn't the Fed meet again in March after this next upcoming meeting??


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