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To: JRI who wrote (80524)11/15/1998 7:43:00 PM
From: GRANOLA  Respond to of 176388
 
John, thanks for the explanation. I agree with you and hope for the rate cut as well! Note my reference to Barrons (interactive)...some interesting articles there tonight. Cheers, GRANOLA



To: JRI who wrote (80524)11/15/1998 8:04:00 PM
From: yard_man  Respond to of 176388
 
>>Or, as some like
to say, Greenspan "bailing out his banking buddies")<<

Still looks knee-jerk (even if he cuts again this week) and I do think that is what he was doing, just not sure which bank buddies.



To: JRI who wrote (80524)11/15/1998 9:03:00 PM
From: Dr. D  Read Replies (1) | Respond to of 176388
 
As a layman, Greenspan and co. would look silly if there is not a rate cut this
Tuesday....this would make the action 3 weeks ago look knee-jerk..

John

Did it ever occur to you that the last rate cut was the rate cut intended for Nov 17. With improvement in the credit spreads recently,
I doubt seriously we get another until Dec. if at all.

Just my opinion


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