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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: bela_ghoulashi who wrote (5411)10/4/2000 7:16:55 AM
From: jmac  Read Replies (1) of 65232
 
The Fed was an excuse. Only 1 out of 4 economists thought the Fed would change the bias. Elections and the euro prevented them fom doing that. EVERYONE knows, including the HOUSES, that there won't be anymore rate increases. The bias language was meaningless. The problem is that it appears that we are in a NAZ bear market and have been for a while. I've been burned beyond reair and so have others (I would imagine). Heck, by looking at the futures this morning, we may not ven have the traditinal 30 minute pop at the opening before things turn terrible.
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