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


To: Les H who wrote (70405)2/25/2001 11:58:27 AM
From: JRI  Read Replies (1) | Respond to of 99985
 
Les- Sounds like those looking for a cut Monday or Tuesday are dreaming....If I can read between the lines, looks like we need a major market tank before the next meeting to spur a cut....even a bad consumer confidence number on Tuesday will likely not do it...AGs gonna cut rates the day before/the day he meets with Congress...that doesn't seem likely (again barring market crash)

Berry has more credibility than Angell on such things..As a matter of fact, the Berry's article looked to be the Fed "response" to the silly % prognostications of Friday.



To: Les H who wrote (70405)2/25/2001 12:33:23 PM
From: mishedlo  Read Replies (1) | Respond to of 99985
 
Les, that article referred to "rapidly shrinking inventories" is he nuts?

M