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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Secret_Agent_Man who wrote (944)2/23/2001 1:25:45 PM
From: JRI  Read Replies (1) | Respond to of 52237
 
I should add...if we hold these levels....(and I don't think we will).....I don't think Greenspan cuts.....he only wants to cut if he sees a panic or lock-up in market.....Touching 10,3 and drifting does not qualify...and naz drifting around 2200 doesn't qualify..

In that case, he'll keep it in his pocket, IMO....if market drifts toward 10k/2k on a "panic" type day...out it comes!



To: Secret_Agent_Man who wrote (944)2/23/2001 1:35:35 PM
From: JRI  Read Replies (1) | Respond to of 52237
 
Crusader- U know...it wouldn't surprise me if Greenie and co. go into emergency mode this weekend, and try to snag a copy of that Tuesday report this weekend....that way, they would be ready to react for any big crack on Monday...(and claim that the report had something to do with it)

Otherwise, they may be put in a real uncomfortable position on Monday if the market tanks and they either (1) Don't move waiting for the report Tuesday or (2) They do move, and try to claim that it is not market-based...