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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (76728)	5/9/2001 9:38:12 PM
From: American Spirit	Read Replies (2) \| Respond to of 99985

People play the market up and down on a daily basis. Don't always buy in too far ahead. I'd expect a very good day Friday and another one Monday. Tuesday will depend on what Greenspan does and says. Other news will also influence. My take is we've got the bad news priced in now.

To: t2 who wrote (76728)	5/9/2001 11:37:11 PM
From: solihull	Read Replies (2) \| Respond to of 99985

<<and that means we could be suprised...and the market reacts better to surprises than it does to anticipated events>> New, Agree 100%. European Central Bank (ECB) has been most reluctant to ease their rates. In fact, I believe the last time they cut was sometime early 1999! Fortunately, they have had inflation relatively under control (now only 2.6% - slightly above targets). While the USA currently has about 2.75% At any rate, I would be jolted to hear they cut tomorrow (hence your theory). It's possible (the USA is certainly strong-arming them to do so!), but I wouldn't want to bet the farm on it. Best, john