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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (9039)	5/4/2001 10:20:19 PM
From: The Reaper	Respond to of 19633

<Fed fund futures today priced in a 100% chance for 50 bp, beginning to hear some media personalities using the words "at least" 50 bp. If that sentiment of more than 50 bp starts to flow around more, that's the best scenario going into May 15th.> Should be even better for the foreign currencies. The dollar has to come down in this environment. Fed cuts and GDP gets revised down, the dollar is toast. kirby

To: Tom Hua who wrote (9039)	5/5/2001 8:42:47 AM
From: Paul A	Respond to of 19633

I guess its just a game of chicken at this point TOm.. how high can they push it going into the meeting.. and how long are shorts willing to hold positions if we continue to make healthy advances? 'healthy advances' heh.. no such thing right now :) Yeah- how about that ILA? I was shocked to see it under $50 at todays close.. its a conspiracy I tell ya! err actually I was pretty happy to see it finding stable ground.. Id like to just ignore her for a bit, but am curious to see at what price it finds its footing at.. 30s would be bad.. for now :)