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Non-Tech : The Critical Investing Workshop
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To: Jim Willie CB who wrote (1485)1/28/2000 10:10:00 AM
From: jmac  Read Replies (1) of 35685
 
I think the Fed knows what is behind these numbers. Everyone and their borkther stocked up on inventory prior to Y2K. IMO, we get a .25% increase, nothing said about future increases, and athe market stabalizes and resumes the uptrend everyone thought would happen in early Jan. I differ from Volt, at best i see the NAZ retesing this years lows (10% correction). I see no chance of the DOW and S&P going down 10% (too much rotation to allow that to happen). I see 110-112 as low for Q but so does everyone else so it may not get there. If we do get a rally back to 140 (wishful thinking though), I will sell the Feb 140s or 150s as a hedge against my stck holdings. I do'nt think the Q goes back to 140 until some positive news comes out of the Q.
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