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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (12809)	8/17/2001 11:59:43 PM
From: Roger A. Babb	Read Replies (1) \| Respond to of 19633

Tom, I am going out on the limb with a prediction of no cut but language holding open the possibility of more cuts if needed. It may be that the strongest signal from the Fed would be one of "no cut, the economy is showing signs of recovery". I also predict that the market will decline with a 25 cut, would have a short rally on a 50 cut, and a sustained turn back up with no cut.

To: Tom Hua who wrote (12809)	8/18/2001 12:08:46 AM
From: Paul Kern	Respond to of 19633

Tom, I'm with you. It's a .25 and, maybe one more. Increases work quickly. Cuts take time. I'm beginning to see improvement in business after it fell off a cliff back in April. The July sales reports showed a decent improvement although I don't think we'll be back to normal until the dead of Winter or early Spring. Paul

To: Tom Hua who wrote (12809)	8/18/2001 8:41:54 AM
From: JustTradeEm	Read Replies (1) \| Respond to of 19633

Ok, contrarian again ... for no good reason. Fed's been doing the expected all along with the same results ... My definition of crazy ... So .... no cut on Tuesday ... the unexepected. JB