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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: Louis V. Lambrecht who wrote (33627)	5/15/2001 6:30:32 AM
From: longdong_63	Respond to of 100058

lvlamb...Agree that the cut is a "so what" but the bias is whats going to determine the action going forward. If they go to neutral....PUKE PUKE PUKE!!! If they keep the recession bias, up we go. JMO

To: Louis V. Lambrecht who wrote (33627)	5/15/2001 6:57:58 AM
From: Thinktwice	Read Replies (1) \| Respond to of 100058

Louis, Greenspan too saw the reaction of the market to the latest rate-cuts - and will find his conclusions. So, as with all possibilities (0 - 0.50 0.25bp) the media, the talking-heads and everybody and his uncle expect a downturn, why should he decide to cut at all? The expected result with or without cut is a downturn - and all the media bubbles and analysts are creating their self-fulfilling prophecy: DOWN! Besides, it's earnings that count. And I don't see another cut changing earnings. But perhaps I just got my spring-depression, after my winter-depression that came after my last summer-depression.