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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (29659)6/27/2001 3:37:34 PM
From: Softechie  Read Replies (1) | Respond to of 37746
 
Did you catch that last statement? Here it is again:

Have reached the point in the equity market downturn that bad news is considered a trading opportunity, particularly when it is clear that there is heavy short exposure



To: Softechie who wrote (29659)6/27/2001 3:48:19 PM
From: AmericanVoter  Read Replies (1) | Respond to of 37746
 
Softech, I read somewhere that had the Fed cut the rate by 50 bp, the market would have reacted negatively as it would have been a clear indication that we are not out of the danger... and that a 25 bp now followed by another in the August meeting is better than a 50 bp now and uncertainty till August... rate cuts take their time to affect the economy ... I just hope that a clearer direction emerges soon...

regards
amein


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