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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: The Freep who wrote (3172)	5/23/2001 2:08:18 AM
From: Perspective	Read Replies (2) \| Respond to of 209892

I don't think ANYONE is really holding out for the next rate cut. A great deal of people were waiting for the first Fed easing to switch into stocks. Many also key off the third rate cut, as the odds improve further. But you're getting to the point that the market should begin to demand to see results of the earliest rate cuts. If those results don't become visible soon, it will be a problem. Regardless, the brief surge of money inflows to mutual funds has now ceased, as money flow over the last three days turned negative once again, particularly in tech funds. Got overhead resistance? BC