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To: Sully- who wrote (48747)8/2/2002 1:35:33 PM
From: AllansAlias  Respond to of 209892
 
Yes, this could get queer I fear. Money market is looking now at a cut. Have not checked the Fed Funds Futures, but short-end of yield curve is barking a message. To reiterate from 18 months ago -- just cut the damn thing to zero and see if makes a difference.



To: Sully- who wrote (48747)8/2/2002 2:21:03 PM
From: reaper  Read Replies (1) | Respond to of 209892
 
<<and now sees Fed rate cuts of 75 bp in Q4 >>

i don't know why i spend so much time farking around w/ stocks; if they cut short rates another 75 bps i'll make as much on my zeroes as MM made on his QCOM in 99/00.

hey AA, the Fed model will say stocks are 175% undervalued with long rates at 2% <g>

Cheers


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