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

To: Tom Hua who wrote (14341)9/29/2001 9:08:43 PM
From: RockyBalboa  Respond to of 19633
 
I think, he will cut later, perhaps a month from now, if things really don't pick up. Why waste another 50bp if the economy is not short of money...other than daily injections of liquidity for the banks. The signal that daily money market rates are sometimes quite below 3% rather signalises there is no lack of liquidity.



To: Tom Hua who wrote (14341)9/29/2001 10:43:13 PM
From: Brasco One  Read Replies (2) | Respond to of 19633
 
those analysts..you cant listen to them..none of them know what they are talking about.



To: Tom Hua who wrote (14341)9/29/2001 11:36:04 PM
From: Paul Kern  Respond to of 19633
 
Tom,

I'm voting for a .25 basis point rate cut and think this will be the last one.

Paul



To: Tom Hua who wrote (14341)9/29/2001 11:42:32 PM
From: Dave Kiernan  Read Replies (1) | Respond to of 19633
 
Tom,

I suspect it will be .5 with a bias to further reduction as future conditions warrant. Using current abnormal conditions in world for this position.

Regards


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