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Non-Tech : Moguls Mantra to the Markets -- Ignore unavailable to you. Want to Upgrade?

To: SunSunM who wrote (113)	7/25/2001 12:59:01 PM
From: $Mogul	Read Replies (1) \| Respond to of 220

12:36 PM The 9-day RSI on the front-month T-bond contract remains in overbought territory but has slipped slightly from levels seen last week. The 9-day currently stands at 66.8 compared to a peak of 74.29 last Wednesday. (on a scale of 0-100, an RSI of 70.0 is considered overbought; 30 is considered oversold). 12:08 PM ECONOMY TALK: Treasury Secretary Paul O'Neill said it is "not unreasonable to think that next year's rate of real growth in the U.S. economy could be near 3% or more." In an interview with the Financial Times, O'Neill also said that productivity improvement is the key to a country's performance relative to others in the world economy. "If I thought that the US was losing its edge in productivity improvement I'd be really worried about that," he said. Asked about the recent decline in U.S. productivity, O'Neill said the data measure the general economy, not the best companies in the economy, which he said provide leadership to other companies by showing what's possible. 11:28 AM FED TALK: Fed easing expectations are little changed today with the September Fed Fund futures contract pricing in about an 86% chance of a 25 basis point rate cut at the Aug. 21 FOMC meeting, unchanged from Tuesday's close. The market also continues to price in about a one-in-three chance of another 25 basis point rate cut at the Oct. 2 FOMC meeting.