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To: 16yearcycle who wrote (5737)3/19/2001 9:18:49 AM
From: 16yearcycle  Respond to of 57684
 
Geez, they finally get it.

interactive.wsj.com

Talk about sounding the bell. If they actually do this, they will solve their problems once and for all.



To: 16yearcycle who wrote (5737)3/19/2001 4:28:53 PM
From: Libbyt  Respond to of 57684
 
>I still expect some tax sell off because of the folks who exercised options and are now selling to raise cash. <

You're right...it is a hard "call" to make.

I really hope we get a 75 basis point cut tomorrow...and even better would be a 100 basis point cut. I'm afraid that we will have a huge market sell off if we don't get an aggressive rate cut.

I didn't follow the market today (another tennis match...) and I have a meeting in S.F. tomorrow. I'll be keeping my fingers crossed that the FOMC drastically cuts rates tomorrow!