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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Ron Dior who wrote (16129)4/12/2001 2:35:30 PM
From: American Spirit  Read Replies (1) | Respond to of 37746
 
Rate cuts are very important to those companies which need to borrow, buy or re-structure debt. Very-very important. If you have 5 billion in debt for instance, how much do you save with just a 1% drop in rates? Also, the fact that the fear factor will diminish gradually now. And yes I am going to hold, at least until the May rate cut, then we'll see where we stand.

By the way we have a micro sell-off here. I'd be buying.
Next week the bulls will roar and there are still many many shorts to be slaughtered out there.