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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (46555)	2/2/2001 7:42:25 PM
From: dieselfuel	Read Replies (2) \| Respond to of 57584

AS... How's it going? I agree with you. I think within the next 18 months, Greenspan could cut rates another 1 1/2 points if not 2. I've heard of some people who think he could cut as much as 3 points within the next 18 months. I'll be watching mortgage rates closely, looking to buy a new home. Maybe it's time to look at the bank and mortgage lenders stocks. This enviorment can only be good for the re-financing market. Also, new home sales are still rising. This economy isn't as bad as a lot of people make it out to be. Sure we have some lay-ooff, with more to come. But, I bet in 6 or 9 months, these same companies will be hiring more workers.

To: American Spirit who wrote (46555)	2/3/2001 11:36:08 AM
From: maverick61	Read Replies (1) \| Respond to of 57584

AS - care to put your money where your mouth is in a friendly wager "And Greenspan would feel personally responsible. Easy for him to cut another point in february. No skin off his back at all. So he will. Watch him. " There is no way Greenie will cut another 1 point in February. This is the second time you asserted this, and while its fine to be optimistic, I think you are dead wrong here. But obviously you feel this 1 point Feb cut will occur - so how about it - lets wager a friendly $100 on the outcome. And to even make it fairer, here is what I propose - if we get a 1 point Feb cut, you win the $100 from me, if we get no cut to 1/4 point cut, I win the $100 from you. If Greenie cuts 1/2 or 3/4 points in Feb its a push. So, what do you say - are you willing to back up your words and beliefs?