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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (3407)	1/30/2001 12:15:54 PM
From: ColtonGang	Respond to of 6445

SALON.COM.........."In coming months, economists predict, the funds rate will drop to 5 percent in a series of rate-cutting moves by May or June. Fed policy-makers could decide to push the funds rate even lower, depending on how the economy unfolds between now and then, economists said. Some analysts didn't rule out a less dramatic, quarter-point rate reduction at this meeting, the Fed's first regularly scheduled session of the new year. Whatever size reduction the Fed makes, it's likely to be followed by a similar cut in commercial banks' prime lending rate, the benchmark for millions of personal and business loans, standing now at 9 percent. By lowering borrowing costs, the Fed aims to spur business investment and consumer spending, which would in turn boost economic growth. Testifying Thursday before the Senate Budget Committee, Greenspan offered a pessimistic assessment of current economic conditions. "As far as we can judge, we have had a very dramatic slowing down and, indeed, we are probably very close to zero (growth) at this particular moment," he said.

To: Jenna who wrote (3407)	1/30/2001 12:22:27 PM
From: Jenna	Respond to of 6445

LGTO earnings plays great Anticipatory Upswing for this excellent chart .. bullish engulfing range expansion breakout.. The chat is looking grand with an ADX of 41 1/2. LGTO is still a mover and shaker.