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To: AllansAlias who wrote (1972)5/8/2001 10:39:08 AM
From: SouthFloridaGuy  Respond to of 209892
 
Yes, I agree...it was definitely a great move but it complements the great move down. Too many questions in the air for my liking - particularly with GE Capital.

I mean you guys have called it correctly. It's a wait and see from here, IMHO.

From a psychological perspective, I would find it disheartening as a bull that the keyest of key resistance levels has proven so formidable.

With the long bond holding ground and yields actually beginning to increase, the Fed needs to seriously stop and think for a second after next Tuesday's rate cut.