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Has anyone read Lane's book(s)? What are the parameters he recommends for a 5
min. stochastic? I am using a 9/5/3, but I suspect there is a better combination.
Thanks for any help on this subject....aloha...Jim
BobRABCDEF@xxxxxxx wrote:
> There seems to be a bit of lower rate anticipation being promoted in the
> media. If you think about discount rates being a limited tool of the Fed,
> then it would make more sense to see rates lowered when DJIA 7400 is being
> challenged again rather than now at 9300. My read of Greenspan's speech last
> week was that stability appears to be occurring in financial markets. So one
> conclusion argues that he would hold off on a rate reduction until it is
> really needed to prop up the mkts...assuming that was part of the equation.
>
> Bob
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