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


To: mishedlo who wrote (78883)6/17/2001 10:56:30 PM
From: t2  Read Replies (1) | Respond to of 99985
 
As for now all this focus on .25 vs .50 is silly. The Naz is below the last rate cut already. Hell it is below the last 4 rate cuts. What is special about this one besides NOTHING!

He is cutting now for possible effects later this year. The rate cuts are to help stimulate the economy later; that is what you need to keep in mind. It is a race to avoid a worsening in the economy...a very close race. If he stopped easing, the chances of the FED losing this battle increase....and the low inflation rate allows him to keep going.

If greenspan had any brains he would do nothing as the market is going down anyway. May as well save his ammo for later this year when it might do some good.

Greenspan might have taken your advice, if he was allowed the short the equity markets. <g>
You seem to think like one of those ex-Bank of Japan officials from the early 1990s.
Wait a minute..."misheldo" sounds a bit like a Japanese name.<g>

Just kidding.



To: mishedlo who wrote (78883)6/17/2001 11:26:41 PM
From: The Freep  Read Replies (1) | Respond to of 99985
 
Misheldo, you write <<3) Consumers are nearly tapped out,>>

Out of curiousity, can you tell me how you know this?

Thanks,

the freep



To: mishedlo who wrote (78883)6/18/2001 10:55:04 PM
From: lstrotheid  Respond to of 99985
 
Well put! Big Al is way behind the curve on this...like trying to stop a runaway freight train. 5 consecutive 50 pt. rate cuts in 5 months(unprecendted) & the earnings warnings, layoffs, missed debt payments continue! You are right in that he had better "save his ammo".