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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: kathyh who wrote (64051)10/4/1999 10:27:00 PM
From: bobby is sleepless in seattle  Read Replies (1) of 90042
 
almost a given the rates remain the same, with the possibility of a rate hike at the following meeting...whether this means the bias will change, dunno...if so, we are held hostage, as someone described on the MDA thread....keeping us in check without a runaway market in either direction.

if all remains the same with no change in bias, chances are, we rally...CS, pios, "should" move up, but not expecting huge moves. no position in either, although alarm now set to try CS at low 15 level...

Today saw my YHOO position stopped with 1 7/8 loss...will see a nice initial pop if rates remain same, after the fact, I expect a rally, as YHOO has idled in the 170's...

rest of ATHM sold in the morning,

still holding vert as my charts suggest it goes higher

playing the bounce with Jane on PRSW, appears in oversold condition,

MSFT swing position intact

PCSA sold

starting to evaluate discount retailers...

and time to get busy evaluating what to buy for tomorrow, depending on the outcome...

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