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To: SirRealist who wrote (41510)1/29/2002 8:24:36 AM
From: JeanD  Read Replies (1) | Respond to of 208838
 
Thanks Kevin :-) Here's confirmation of the rate cut announcement being tomorrow.

08:17 ET Futures mixed; Fed begins 2-day meeting : This morning's fair value figures -- S&P 500 fair value: 1134,
closed 2 pts above fair value. Nasdaq 100 fair value: 1569, closed 4 pts above fair value. Current indications: S&P
500 futures are -0.50, or 0.9 pts above fair value. Nasdaq 100 is +4.50 or 8.5 pts below fair value. Nas 100 PMI is
+3. It's a quiet morning ahead of FOMC meeting which begins today. The decision on rates will be announced
tomorrow at 2:15 ET.