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To: Lucretius who wrote (122585)9/17/2001 8:21:24 AM
From: martin001  Read Replies (1) | Respond to of 436258
 
50 basis pt rate cut



To: Lucretius who wrote (122585)9/17/2001 8:22:02 AM
From: Wyätt Gwyön  Respond to of 436258
 
this is the nicest way i've ever heard somebody call for a 10% markdown>>

08:02 ET Abby Joseph Cohen : Goldman Sachs strategist Abby Joseph Cohen says "thumbs up" -- acknowledges that US economy faces temporary stresses, but is fundamentally sound. Says S&P 500 was 25% undervalued prior to Tuesday; is now 15% undervalued after EPS reductions and higher risk premium; makes no change to asset allocation.



To: Lucretius who wrote (122585)9/17/2001 8:23:09 AM
From: Moominoid  Read Replies (1) | Respond to of 436258
 
I think we'll get Globex Stock futures at 9:15 EDT. These NASDAQ stocks on Island seem off about 5-7% which would be less than most foreign markets. Volume still small as you say.