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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Murrey Walker who wrote (34173)3/20/2001 2:45:18 PM
From: stockman_scott  Read Replies (1) | Respond to of 65232
 
Look at how the Nasdaq has responded to the .50 rate cut...

quote.yahoo.com^IXIC&d=1b

Murrey: You are right that there will be MORE rate cuts possible....we have moved down from 6.5% on the FED Funds Rate...the impact of the cuts is just kicking in. In today's world monetary policy must act quickly. IMHO, the FED is still behind the curve...=)

Best Regards,

Scott



To: Murrey Walker who wrote (34173)3/20/2001 3:02:41 PM
From: RR  Read Replies (1) | Respond to of 65232
 
Agree Murrey. Hope your well. RR (eom)