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Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (9523)	2/11/2001 2:18:15 PM
From: Poet	Respond to of 10876

Hi aj, Greenspan speaks at 10:00 AM EST. Here's a snippet from today's Option Investor Newsletter: Greenspan is scheduled to speak on Tuesday morning at 10am ET before the Senate Banking Committee. Doc Greenspan will be diagnosing the state of the economy in the Fed's semiannual report to Congress, formerly known as the Humphrey-Hawkins Report. While Greenspan will delicately tip-toe that fine semantic line during the testimony, market watchers will be listening intently for any sign of a possible intermeeting rate cut. It was the stronger Non-Farm Payroll report on Friday the 2nd that sparked market fear of not getting an intermeeting cut, which was widely perceived as certain. The FOMC is not scheduled to meet until March 20th and it seems reasonable that given the current economic condition, a month without Fed action is a month too long. Your trading plan for this week sounds right in line with mine. Let's hope it works. :)