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


To: RockyBalboa who wrote (13880)9/17/2001 7:24:45 AM
From: Tom Hua  Read Replies (1) | Respond to of 19633
 
Good morning Chr., I'm a lot more optimistic, don't think the Dow will open or trade down 10% at any time today. I think the American financial system is emotionally, psychologically, and collectively stronger than the European traders think. If the Fed cuts rate today by 50 bp, markets may close down no more than 2% which would be considered huge success.

Regards,

Tom