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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Amigo Mike who wrote (9127)9/27/1998 9:14:00 PM
From: LTK007  Read Replies (1) | Respond to of 29382
 
Mike I am probably have all my cash in the market by Tuesday morning---Greenie has generally been quite wise---he knows his not
lightening would be a disaster---the word on CNBC on Friday was he was
polling the "big boys" on what they would prefer,a 25 or 50 basis points cut.Max



To: Amigo Mike who wrote (9127)9/27/1998 11:02:00 PM
From: RADAR )))  Read Replies (1) | Respond to of 29382
 
Mike:

Doubt the Fed Reserve Board will go more than 1/4 point since the economy doesn't need to be jump started. Given their conservative nature think Greenie will raise the rate 1/4 point and wait to see the fallout/results..... I believe it will only be a token, but maybe enough to hold the market fairly stable (several hundred points) till the continuing direction of the Fed Reserve is seen. JMO

Radar


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