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Pastimes : Trading the markets.....

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To: GROUND ZERO™ who wrote (1148)12/2/2000 10:50:42 AM
From: robert b furman  Read Replies (1) of 4583
 
Hi GZ ,

It looks to me that the Bond Market has known for quite a while that rates have turned.

In historical fashion Mr Greenspan will simply confirm what the markets have already confirmed - rates will be going down.

I've seen a substantial downturn in the sale of auto's.Mr G needs to hurry or this softlanding will turn firm to hard.Its amazing that the market waits for such a lagging signal as the feds statement of the obvious:

futures.tradingcharts.com

TC2000 thinks the NAZ may well go to 2000.My Semi Equip seem to be bottoming with some new lows occurring but bouncing back quickly.

It would be easy if we could get a vix spike into the 50's. Thursday and Fridays volume was a good sign of fear selling the lack of fast price decline suggests the selling was met with substantial buying power.

Lets hope for obvious bottom and get this train on a new longterm (declining rate) Bull Market.

Thanks for the note.

P.S. Have you seen the Lionel alarm clock for sale this Christmas.When it wakes you up it blows a whistle on a little train. At the end of its circular track as it comes to a stop it yells " ALLLLL AABBOOOOOAARRRDD.

Gotta have one. HEHEHE

Bob
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