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To: drsvelte who wrote (4294)10/15/1998 4:09:00 PM
From: waverider  Read Replies (1) | Respond to of 14427
 
>>It seems remarkable that this announcement comes right before expiry, but perhaps I'm reading too much into this.<<

Not at all my friend. Not at all. The slime.

<H>



To: drsvelte who wrote (4294)10/15/1998 4:31:00 PM
From: RGinPG  Respond to of 14427
 
The FED has not shot it's wad by a long shot. It still has a lot of latitude in lowering rates in order to avoid a recession. We have historically low inflation and a budget surplus. Look for several rounds of lowering of the Fed Funds rates over the next few months.

By the way, the stochastics seem to be working again...
osxstocks.com



To: drsvelte who wrote (4294)10/15/1998 9:02:00 PM
From: NucTrader  Respond to of 14427
 
>>FED has shot it's wad. They certainly will not ease again soon<<
Au contraire! That great reservior of financial knowledge, CNBC, says another 25 basis points in Nov. "FER SURE..."