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Strategies & Market Trends : Mu Gamma Lambda -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (5806)9/7/2001 1:21:17 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 10077
 
I think a surprise cut today would seem like a desperation move.



To: Jorj X Mckie who wrote (5806)9/7/2001 1:26:05 PM
From: Libbyt  Read Replies (1) | Respond to of 10077
 
"Any bets on a surprise rate cut today?...."

IMO the chance of a surprise rate cut today is very high. The new unemployment data, as well as the market testing key technical levels increases my "bet" that we will see a surprise rate cut today and an afternoon rally.