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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: mph who wrote (11318)5/15/2001 11:08:56 AM
From: Augustus Gloop  Read Replies (1) | Respond to of 15481
 
<<I bet they
announce a neutral stance while they cut the last 50
beeps for a while.>>

They could. The reasons I don't think they will go to neutral are

1) It would tank the market. At this point they do not want anymore tankage

2) They held their ground for a LONG time (well past when they should have) with their bias towards tightening.

I really don't no but my expectation is 50 beeps and a cutting bias. That said the briefcase indicator says 25 beeps.