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To: Ron McKinnon who wrote (44594)11/6/2002 9:13:04 AM
From: Larry S.  Read Replies (1) | Respond to of 53068
 
Prediction:
strong open (futures are indicating this) - rallying on Republican victory and control of congress. Good opening, not huge, waiting for 2:15 Fed interest rate news.
then, either:
1. Fed does not cut, states that economy is beginning to show signs of stabilization and recovery. - market rallies hugely into close.
or
2. Fed cuts 1/4, indicating persistent weakness, market sells off sharply.
will be out most of the day, luck all. larry