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To: Little Joe who wrote (21637)10/3/2003 1:54:04 PM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 39344
 
Monday should be a follow-throug day (unless there is a financial pow-wow planned).

then,
tere is this
Message 19366530
To:Cush who started this subject
From: Vi
Thursday, Oct 2, 2003 11:20 PM
Respond to of 1064

This is a must read:

federalreserve.gov

"Thus, our results suggest that easier monetary policy not only
allows consumers to enjoy a capital gain in their stock portfolios
today, but it also reduces the effective amount of economic and
financial risk they must face."

"Or, choosing magnitudes that might be more helpful to the
intuition, we could just as well say that a surprise cut of 25 basis
points in the federal funds rate should lead the stock market to
rise, on the same day, about 1.25 percentage points--about 120
points on the Dow Jones index at its current value."