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


To: Roger A. Babb who wrote (12810)8/18/2001 11:02:02 AM
From: Tom Hua  Read Replies (2) | Respond to of 19633
 
Good morning Roger, interesting prediction. Recent improved economic data justify no rate cut. July retail sales and housing starts were resilient, consumer confidence up, weekly jobless claims continue to decline, unemployment rate steady, productivity higher than expected, however industrial production was still very negative.

On the other hand, Greenspan has been doing what the markets want him to.

Amateurs poll:

2 for 0 bp
3 for 25 bp

Regards,

Tom