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

To: Nancy who wrote (1039)	2/24/2001 9:39:41 AM
From: minorejoy2000	Respond to of 52237

If an intermeeting cut had a high probability of causing a panic reaction, the rumor wouldn't have caused the rally Fri. Also, the downside risk of an intermeeting cut effect is limited due to the all pervasive negativity already present, though a delay in cuts would increase the downside potential. The cuts, intermeeting or not, will come and time is crucial for them to have an effect on earnings turnaround because of the lag. So the market would, I believe, welcome cuts sooner rather than later. The two month interval this time probably was a factor in this slide. It might have already turned a week ago in anticipation of a Feb meeting cut, had there been one scheduled. Again, an intermeeting cut might just be seen as a substitute for the nonexistant Feb meeting cut, and show that AG and the board are not inflexible and would be seen as being more on track to necessities in a timely manner. And I should always add BWDIK-- M