SI
SI
discoversearch

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: donald sew who wrote (1340)2/27/2001 5:02:04 PM
From: Paul Shread  Read Replies (3) | Respond to of 52237
 
Thanks, Don. Great to know. If they don't bounce on Greenie's speech, I don't know what the heck they'll bounce on. Maybe he'll go back to the office and cut rates after he testifies. Would be one heckuva day at the office. ;-)

I don't know why the Fed would want to dowse rate cut hopes; just the threat of them could be enough to hold up the market, BWDIK. We'll probably get 50 bp in three weeks, but there's a lot of time between now and then.

The COMPX really needs to take out 2300 with force for a rally to go anywhere, IMHO.



To: donald sew who wrote (1340)2/27/2001 5:12:04 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Didn't notice until now, but the yield curve finally uninverted a couple of weeks ago.

stockcharts.com

Historically, that's usually marked a turn in the stock market, but I'm getting 3 mo./1 yr.-2 yr.-5yr. inversion reading from Bloomberg:

bloomberg.com

Maybe one more rate cut will do the trick? Who the heck knows...