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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (3551)3/20/2001 3:55:14 PM
From: adcpres  Read Replies (1) | Respond to of 52237
 
Its not about rates -- its earnings, earnings, earnings. The rate cuts will not help until much later in the year.
5 min. to go. Will the DOW break 9700?? GH



To: Jacob Snyder who wrote (3551)3/20/2001 3:59:35 PM
From: Paul Shread  Respond to of 52237
 
>>remember how we rallied when the Fed raised rates? <<

The Fed was pumping liquidity into the economy at the time because of Y2K. They're pumping liquidity this time AND cutting rates aggressively, and there's no response.