CANSLIM - COAST TO COAST Message Board

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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: ST Trader who wrote (5112)	8/5/1999 4:19:00 PM
From: Bruce A. Brotnov	Read Replies (1) of 6445

Scott, thanks for the article. The only problem is there will have to be some funds (not spent by Congress for more entitlements) before they can buy back bonds. For anyone interested in the newsletter you guys said such nice things about is at www.poormans.com and under samples is the last weekly update and the prior week mid-week alert. First critical key was not to have sell off in the afternoon and tomorrow we need to first see acceptable July employment report (without a sell off) and a positive close and we might have a possible bottom in progress. I'm sure glad I listened to advice on this board and sold KSWS this week. Only up 3+ today. Lots of money on sidelines ready to jump in with the herd if it starts going up. It will have some difficulty going very far with FOMC coming on 24 August. However, the market may well have factored in a 1/4 point raise as this looks like the last period when they raised the rates. Market came back to scarry support and then started rising before the FOMC meeting - we may get our first clue tomorrow. Bruce

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