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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (12794)8/3/2002 2:12:52 PM
From: Alan Smithee  Read Replies (1) | Respond to of 17639
 
USD RSI and Stochs rolling over.

And, just wait until we have another rate cut!



To: Jorj X Mckie who wrote (12794)8/3/2002 9:01:47 PM
From: Nancy  Read Replies (1) | Respond to of 17639
 
Bill Gross of PIMCO has called for Fed to hike a 0.25 for a while now. He said the low rate doesn't not help corporate at all - only a handful of triple a companies can borrow at a rate that is still higher than a first time home buyer ! and the A and Baa guys have to pay double digit to borrow. he said Greenspan has a problem.

the rate cut does not work, it has not worked since Jan 2001 and has not worked after 4.75% cut, why would it work now ?


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