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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (13233)	3/19/2001 10:50:28 AM
From: JRI	Read Replies (1) \| Respond to of 30051

Zeev- Given the action in the first hour....it makes me think we are going for flat conditions (net 2 day action)....or a slight drift down...going into Fed meeting...There is no jazz in the Naz.. I don't really see a reason to buy here...but given your impressive track record, I'll certainly be watching you very closely...<G>....continued appreciation for your timely updates.... (BTW- I've come to conclude that Greenspan has to do 75 BP.....100 out-of-character, and 50 BP will tank market.....although I think he would like to do 50BP....he'll succumb to market, overrule committee, and vote 75 BP....I, unlike you, are not real confident that the markets are going to rock n roll based on that number..I'll be watching the price/volume action closely though...nothing worse than a trader getting stuck in intellectual molasses)..