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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (2368)9/27/1998 12:12:00 AM
From: Tim Luke  Read Replies (2) | Respond to of 7247
 
1/4 point is pretty much priced in since he already hinted he would lower rates . this market is still very shaky even though IMO the correction is over and now it's time for all these great companies that lost 50% of their share value to start rebounding. now that we are into earnings season it's going to make picking the right stocks a tough feat (unless in your dell:-))) , so I think what the street is looking for is a 1/2 point to jump start this market into a solid rally and anything short of that will be a disappointment to the street and will increase more selling....so i believe the pressure is on mr g. to give what wall street is looking for...