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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (21997)8/2/2002 12:39:43 PM
From: Snowshoe  Read Replies (1) | Respond to of 74559
 
From Realmoney.com ...

Kass reporting on RMPro.com renewed rumors about possible Fed rate cut prior to Aug. 13 FOMC meeting. Salomon Brothers apparently forecasting a 50 bp cut prior to 8/13 while Goldman Sachs now anticipates the Fed will ease by 75 basis points in Q4.

And...

"The Israelites made a golden calf because they didn't have enough gold to make a cow."

-- Actual Sunday school paper


P.S. I doubled my NEM position on Monday.