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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (18961)7/16/1998 3:53:00 PM
From: Lee  Read Replies (1) | Respond to of 50167
 
Ike,..Re:<< On macros economic indicators I am one of the few people who called that next interest rate move will be down not up>>

Are you saying that the Fed will lower the Fed Funds rate in the coming months? If so, is this because of a domestic slowdown? If we have a domestic slowdown, how will the US provide the legs to carry the global economy through the trials of the Asian slowdown? The alternative is for the rate to fall without Fed intervention, but I don't think this is a realistic scenario unless Japan fails once again to initiate substantial economic reform.

Thanks in advance for your views

Lee



To: IQBAL LATIF who wrote (18961)7/16/1998 10:48:00 PM
From: Michael Turner  Read Replies (1) | Respond to of 50167
 
Do you use the Ticks, Trin, S&P Futures, or the key stocks in any given sector to gauge market/sector direction, or do you only look at the charts on the stocks that you are thinking about trading?

Michael Turner
Author
DayTrading into the Millennium
tradersresource.com



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