Discussion in 'Trading' started by Point Man, Jun 24, 2003.
Tomorrow is what dreams are made of ?????? Seems to me that after the ninth glass of wine, the 10'th just doesn't make that much difference.
It would suit me to see a 1 point increase.
The more I read all the press reports, I am convinced now that the Fed will cut by 1/4. It is like their hand is being forced by numerous expectation influences. Nitro I think you are right.
Put me in the 1/4 point boat as well. Check out http://www.federalreserve.gov/releases/h6/Current/
The one week average of M1 has declined two weeks in a row. The one week average of M2 has barely grown over this last week and M3's one week has fallen.
Imagine the horror if the Fed started tightening. . .
...like they did in 1990 when Nasdaq was at 5000
Hmmm, I don't see any tightening:
can you say sell?
and the 1/4's take it by a nose... do you follow the money supplies, i want to follow it closer, i am familiar with what it is how it operates, theory, etc..., but dont know teh finer points, i.e i am not familiar with all the differences between m1, 2 and 3
also does anyone know a resource where you can find reports on otehr open market activities the fed is doing other than fed rate?
lotta talk about the fed needing to expand money supply!!
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