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To: SecularBull who wrote (7803)4/12/2001 1:17:13 PM
From: Uncle Frank  Read Replies (1) | Respond to of 10934
 
>> Minor NTAP rally underway.

Interesting, isn't it?

I sold May 15s into the rally. They're trading at over 3 at the moment, up about half a buck from when I wrote them.

uf



To: SecularBull who wrote (7803)4/12/2001 1:18:21 PM
From: JakeStraw  Read Replies (1) | Respond to of 10934
 
>>Minor NTAP rally underway

SB, My guess is that expectations for the Federal Reserve to cut interest rates further just went up due to the weak number from retail sales, wholesale prices falling, the rising number of people filing for unemployment and the drop in consumer sentiment. Do you think Greenspan will in fact cut rates before the next scheduled FOMC meeting?