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


To: DebtBomb who wrote (15682)11/5/2001 8:02:48 PM
From: Tom Hua  Read Replies (4) | Respond to of 19633
 
Dale, agree news is horrible. Question is what would the Fed do when (not if) news gets worse? Unemployment will be higher next month, higher the following month... will likely top out at 7%. Then what? Rate is already inflation adjusted negative.

Poll:

2 for 0 bp
12 for 25 bp
13 for 50 bp

50 beat out 25 by 1 vote last time.

Regards,

Tom



To: DebtBomb who wrote (15682)11/6/2001 8:46:54 AM
From: YourKing  Read Replies (2) | Respond to of 19633
 
Dale - I think this market is worth a short around 1825-1860 area. Little short-term risk. BWDIK. Have a good one.