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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Yorikke who wrote (3850)5/16/2001 10:17:12 AM
From: macavity  Respond to of 33421
 
I agree.

THE TREND IS YOUR FRIEND!

Last night I looked at my (proprietary) TrendPredictor Calculator. I plugged in the last 5 Fed actions and it came out with the prediction that the Discount Rate should be at 0 by Christmas.

It quite clearly predicts 7 more 50bp cuts in the next 7 months. (In fact there are more next year as well)

I am looking for info on EuroDollar Dec01 futures contract.
I am convinced that they are a bit cheap, as the market has not latched on to this (obvious) fact yet.

Santa Claus is coming to town!
(223 more shopping days till Christmas).

If anyone is interested in how my calculator works PM me.

-macavity