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To: Bucky Katt who wrote (9106)6/22/2001 7:53:34 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
William:

Your 2 day bounce on a 1/2 point cut scenario sounds good to me... Agreed that a 1/4 point cut almost guarantees a visit to the old lows... Who knows, maybe that's a good thing... : >

Sorry to say I didn't get those DELL puts... It played out just as we discussed, down from the 27.00 area... I've been playing the volatility in AGRA and JDSU...

Jim



To: Bucky Katt who wrote (9106)6/22/2001 8:12:16 PM
From: stomper  Read Replies (1) | Respond to of 13094
 
Jim, if the past is an indication, a 50 basis point cut by Alan & co may lead to a quick 2 day market burst.
Then a selloff, and then back to choppy trading


Nice observation, recent history suggests the same:

schaefferresearch.com

-dave