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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (49405)	3/19/2001 3:08:37 PM
From: Joe Smith	Read Replies (1) \| Respond to of 57584

My best guess... 1/2 point cut tomorrow or even less. Then, a shorting and profit-taking dip that does not penetrate today's lows followed by a leg upward as shorts soon realize that three 1/2 point cuts really are back-breaking to them. Don't fight the fed. You can ignore them for a while, but not forever.

To: American Spirit who wrote (49405)	3/19/2001 3:45:54 PM
From: American Spirit	Respond to of 57584

WASHINGTON (Reuters) - President George W. Bush said on Monday he was ``very confident'' about the U.S. economy, the latest twist in the White House's good news, bad news routine on whether U.S. growth is headed up, down or sideways. `I'm very confident about our economy,'' Bush told reporters as he met Japanese Prime Minister Yoshiro Mori at the White House. ``I know it can beat expectations" * Changing his tune after warning us we're in a recession so we need tax cuts (which are backend loaded and don't help anyone right away anyway)? A step in the right direction. Next he ought to go to Silicon Valley and cheerlead there some. Maybe even offer a tax credit for computer purchases.