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To: stomper who wrote (12515)9/7/2001 1:15:57 PM
From: byhiselo  Respond to of 209892
 
cut won't do anything for this market

and would be bearish imo, it needs to take
head in hand and stand on its own

cheers



To: stomper who wrote (12515)9/7/2001 1:16:58 PM
From: JRI  Respond to of 209892
 
Talk have been very negative on CNBC as well today....we died into close yesterday, so I don't see that today and I think there is some incentive for the criminals to finish market higher (than this) by end of day today...

Shorts made more money than longs this week, so I figure they may cover to reload next week...just a hunch..

Stopped move up...I'm not giving this away



To: stomper who wrote (12515)9/7/2001 1:20:32 PM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
10:29 ET Fed Rate Cut : Hearing some talk in the market of a possible intermeeting rate cut; this ranks as one of the worst predictions we have heard in quite some time. The Fed gave up the practice of reacting to employment reports in the early 1990s and is not about to go back to it now; it would take some dramatic bad news to prompt an intermeeting move this far into the easing cycle, and we didn't get that today (see Story Stocks for more on the Employment Report). We think the probably of an intermeeting cut is - at best - 1 in 100.



To: stomper who wrote (12515)9/7/2001 1:26:41 PM
From: ru2  Respond to of 209892
 
At this point unless the market is bouncing on it's own a cut is going to cause only a short term bounce only to take us lower. JMO

Ru