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To: Vitalsigns who wrote (58093)10/11/2002 12:32:45 PM
From: John Walker  Respond to of 62347
 
Thanks for the detailed response!

I note that the 832 upside target/limit has now been exceeded ... it will be interesting to see where we close.



To: Vitalsigns who wrote (58093)10/11/2002 12:36:31 PM
From: Cal Gary  Read Replies (1) | Respond to of 62347
 
Hi Vitals

Options guys got their numbers today (very quick) to hedge/box the expiration. So that's done. Where too?

I think the FED is playing chicken with the Euro to see who cuts first. They had a chance to cut rates a fews days go, but didn't. So I place my bet they won't cut from now till their next scheduled meeting in early November.

FA wise a rate cut will provide a better platform to ramp from. Not the two aweful numbers today.

Huge drop in consumer confidence backed up by retail sales.
Check a summary here but disregard the last paragraph <g>
abcnews.go.com