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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Lee Lichterman III who wrote (34312)10/29/2000 7:46:45 PM
From: Terry Whitman  Read Replies (1) of 42787
 
Good Points. But, the economic conditions are pretty close to the same now as in 1998. The GDP wasn't even falling at that point, and Greenspan rushed in to save the stock speculators, and squeeze us shorts. <g>

So far, the 'landing' has been soft enough that they haven't had to resort to rate cuts. If the dow approaches 9000, they will cut, IMO.

Your scenario for a late fall bottom and seasonal upswing could still fit within the seasonally bullish parameters I mentioned, if things held up thru March..

As for being short this time of year when there's even the slightest possibility that rates will be cut. Burn me once, shame on you, AG. Burn me twice, shame on me. <g>

Regards,
TW
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