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To: Rocket Red who wrote (50863)6/26/2001 2:19:05 PM
From: Vitalsigns  Read Replies (4) | Respond to of 62348
 
Better get 1/2 point slash for a day rally!If only .25 point cut markets go south fast!

The data today shows that the cuts are Having an effect on the economy, So a .50 basis cut would be way too much and the markets would sell on that news for fear that Greenspan went too far again. A .25 point cut is the most I want to see and would rather see no cut and a Bias maintained on cutting at a future date as necessary.
That last one would be the most bullish IMO . If thing are indeed picking up than Greenspan should see less of a need to cut tomorrow and take a wait and see approach going forward.

Vitalsigns