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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (38126)	6/25/2001 8:02:17 AM
From: Dealer	Respond to of 65232

M A R K E T .. S N A P S H O T -- Stocks search for buyers Will the Fed bring out the buyers? By Julie Rannazzisi, CBS.MarketWatch.com Last Update: 7:29 AM ET Jun 25, 2001 NEW YORK (CBS.MW) -- The stock market is poised for an upside open Monday after a difficult close last week that saw the averages end Friday a whisker from session lows. The averages aren't likely to stray far from the tight range that has been carved out over the past few weeks ahead of the Fed's decision on interest rates, which will hit the tape on Wednesday. While most on Wall Street are banking on a 25-basis-point cut, many are holding out for a move aggressive 1/2-point move. September S&P 500 futures added 1.90 points, or 0.2 percent, and were trading roughly 3.30 points above fair value, according to HL Camp & Co. Nasdaq futures, meanwhile, eked out a gain of 4.00 points, or 0.2 percent. Treasury prices moved lower in early action, with the 10-year Treasury note off 1/8 to yield ($TNX) 5.13 percent while the 30-year government bond slipped 1/8 to yield ($TYX) 5.58 percent. Monday will see the release of May existing home sales, which are expected to fall to 5.16 million. Also on tap this week: May durable goods orders, May new home sales, June consumer confidence and the final reading of first-quarter gross domestic product. View Economic Preview and economic calendar and forecasts. Checking the currency market, dollar/yen shed 0.3 percent to 123.91 while euro/dollar climbed 0.5 percent to 0.8612. --------------------------------------------------------------------------------

To: Sully- who wrote (38126)	6/25/2001 8:14:36 AM
From: Dealer	Respond to of 65232

Thanks Wstera, You are too nice. I have certainly been spending a lot time trying to learn all I can from those in and around SI. I have so many favorites now, gonna have to sort and organize them again. You know it is true that you can learn a lot by just listening.......Something I had needed to learn to do for a long time....(listen)...........a reason for my not posting as much as I use to. :-) Thanks for being here and all you do for the porch. BTW: I have learned a lot from you also. Thanks! I love ya man, dealie (doing her own DD, such as it is)