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 : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Tassi who wrote (67435)	2/23/2001 4:05:14 PM
From: Tassi	Respond to of 122087

:30PM Dow -141, Nasdaq -28, S&P 17.77: The markets are continuing to rally on word that John Ryding at Bear Stearns puts the chances for a Fed rate cut next week at 60%. A Fed cut is what the market is looking for, and the mere prospect of such next week is attracting buy interest late in the day. Breadth on both the Big Board and the Nasdaq, while still weak, has improved substantially since talk of a near term rate cut surfaced. The Nasdaq continues to trade over 2200 with the Dow over 10,350. The question at these levels is whether the indices will follow through into the final half hour. NYSE Adv/Dec 1033/2015, Nasdaq Adv/Dec 1265/2472