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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: jmanvegas who wrote (18449)	2/13/2001 5:21:58 PM
From: t2	Read Replies (2) \| Respond to of 24042

jmanvegas, I am convinced we will get an intermeeting cut as his big worry is still the connection of the market and consumer sentiment (also business confidence). It might have been just a sell on the news issue. Of course if there is a lot of shorting going on too as hedge funds seem convinced there will be no cut near term. That is the impression many people got from Greenspan..so you can't blame them. I am giving it a 95% chance of a cut within 1 to 2 weeks and sooner if the naz stays back. He wants to send the message that he is not going to take a wait and see approach..to avoid mistakes being made in the recent past. I believe G is underestimated in his plans to cut aggressively even if we don't hit a recession. He called tax cuts an insurance policy....remember he will also want to cut fast and often to "insure" against a decline. The logic is the same. Won't suprise me to see a cut even tomorrow! IMHO, he needs to let the market know that he really means business.

To: jmanvegas who wrote (18449)	2/13/2001 5:24:17 PM
From: Islander	Respond to of 24042

Possibly Greenspan gives consideration to the strength of the dollar? ECU rates are higher. Aggressive talk of further deep US rate cuts and the dollar gets whacked overnight...and the financial markets suffer even worse. He has to tread a fine line, imo.