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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (5381)3/14/2001 12:03:00 PM
From: Junkyardawg  Read Replies (4) | Respond to of 15481
 
CNBC keeps talking about the FED and will it lower 75 or 50 etc....I am of the opinion that the FED has done so much damage to this economy and the market that they cannot save it and any efforts they do will be futile.
I stand by my prediction that the fed only lowers 1/4.
This would probably cause a massive selling on the DOW stocks and maybe give the market the capitulation that it needs to move forward.

dawg


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