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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (8164)8/26/2007 3:24:15 PM
From: Augustus Gloop  Respond to of 33421
 
I don't think you're wrong. I guess I just think that if the Fed felt like it was the fright move they'd have lower the FF rates rather than the discount rate. My gut feeling is they'll drag their feet as long as they possibly can before lowering. It seems to me the street has priced in .25 in September and another .25 later in the year. I just don't know what to expect