Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: The Prophet who wrote (69355)	2/17/2001 10:41:32 AM
From: Yiota	Read Replies (1) \| Respond to of 99985

The Prophet, How do you know AG will cut the rate next week? Is it written in the stars or do you have a crystal ball? gut feeling? I just hope you are right :-)

To: The Prophet who wrote (69355)	2/17/2001 12:03:20 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 99985

The prophet, you may be right, but the only scenario that would call for AG to cut rates before the 21st of March would be a calamitous drop in the market, and then of course, my turnips might very well issue an "all clear" signal. Right now, you may be lucky if AG reduces rates by .25% on the 21st of March, of course, I have been wrong before. I missed the Jan. 3rd rate reduction, but strangely enough, the Turnips were calling to "load up" late in the week after Christmas and into the third. Part of the fed's urgency might have been the precipitous decline on the 2nd and third in the morning (consumer confidence and other numbers helped as well). Zeev