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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: Tunica Albuginea who wrote (19597)3/20/2001 2:41:43 PM
From: t2  Read Replies (1) | Respond to of 24042
 
TA, I think 50bps now is a good thing. That means if the market rallies and the economic numbers are still bad, he could cut intermeeting even if the market is on an upswing. That is what today's move seems to suggest.

Overall, it may be a good thing for the market over the intermediate term.



To: Tunica Albuginea who wrote (19597)3/20/2001 3:02:19 PM
From: uu  Read Replies (4) | Respond to of 24042
 
Tunica:

Here is what I thought was a bit amusing after reading the statements made by the FED. To avoid duplication here is the URL to my post:
Message 15534331

As I stated last week I think a Monday rally, followed by a semi rally today before a sell off toward the market close, and possible bigger sell off tomorrow and the day after will set the stage for the beginning of the biggest bull market ever.

And of course I have proven to be wrong many times in the past!

Regards,