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Politics : Idea Of The Day

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To: Jerry Olson who wrote (31924)	6/19/2000 1:00:00 PM
From: SpecialK	Read Replies (2) of 50167

As Usual? Buying may come after FOMC, as there is some uncertainty of the Fed's actions. Buying may come early. Oracle earnings tomorrow after the close will push us higher I believe. The Nasdaq chart looks strong and basing. The Dow looks directionless and actually has been basing for over a year now. Couple earnings, the FOMC meeting, and the holiday weekend, and they all point to a higher direction. Until then, there are warnings, more economic data, worries. If we climb the wall of worry on the Nasdaq, it will reassert its leadership and drive the markets and the DOW higher. Big IF. So what is at 1:30, mother of all rallies? why?

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