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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Nicole Bourgault who wrote (41459)3/19/2001 2:48:10 PM
From: LTK007  Read Replies (2) | Respond to of 56537
 
very nice nicole ---market is now running on expectation of 75basis points cut tomorrow----so if only 50basis points market would react badly.max



To: Nicole Bourgault who wrote (41459)3/19/2001 3:45:58 PM
From: Trader J  Read Replies (6) | Respond to of 56537
 
Nicole: IWOV - Tempted to sell ....but will hold most likely overnight. With the Fed meeting tomorrow, should stay relatively positive with a real chance for a surge into good fed movement. However, I think regardless of the Fed cut, I will sell just after the announcement because I don't think the cut will have any lasting positive market effects.

J


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