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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Alan Smithee who wrote (11504)11/6/2002 2:32:20 PM
From: Techplayer  Read Replies (1) | Respond to of 57110
 
AS, I was just discussing that. a 10 year chart of the U-6 would put the numbers more in perspective.



To: Alan Smithee who wrote (11504)11/6/2002 2:32:28 PM
From: Petrol  Respond to of 57110
 
msft isn't liking this very much ;)

added to shorts on the pop - well, a few, my fingers couldn't go that fast



To: Alan Smithee who wrote (11504)11/6/2002 2:33:51 PM
From: Jorj X Mckie  Respond to of 57110
 
On thing that I am thinking is that when we think about the fed, we tend to think in terms of the stock market. The healthiest thing for the stockmarket would be a major selloff to bring valuations into a reasonable range. If the fed is trying to stimulate the economy, maybe this is the best path. Unfortunately for stock bulls, this 50beep cut is likely to precipitate a selloff.


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