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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Junkyardawg who wrote (9733)1/11/2002 9:13:34 AM
From: AugustWest  Read Replies (1) | Respond to of 23786
 
Dawg, I would have to think that we are getting close to at least a temp halt in rate cuts.
This guy is a voting member #reply-16890121 Besides that, there is growing optimism that the recovery is at hand, and if the fed believes that than surely he won't want to over stimulate again. And add to that he is running low on ammo, I think the prudent thing would be to remain pat where we are now at least until we see some numbers in the spring.

That being said, I can see a stop to the rate cuts as adding to the bulls case of a recovery. At which time(unless it's a sell the news, ie: we have recovered) I expect some more exuberance on the long side of the market.

*OF course, the CPI numbers this morning were alarming, but the street appears to be shrugging it off this morning. What will the afternoon bring?