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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (11427)8/9/2002 2:31:35 PM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
William:

Here is a 10 year Fed Funds Rate chart...
bankrate.com

It suggests that rates will be unchanged...

With tens of billions going to bail out South America again and again, and stepped up deficit spending, logic suggests that greater demand for borrowed money will drive up rates... Any rate cut would be artificial, and would build up inflationary pressures beyond what is normally seen coming out of a recession...

I'm with you... It's going to be a fun week... : >

Jim