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

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To: Paul Shread who wrote (38072)	12/14/2000 4:55:12 PM
From: JRI	Read Replies (1) of 42787

Sorry to be a dodo, but do you mean the close on SEBL absolutely negated the H&S pattern, or there is still a chance that the Inverse H&S still in effect? I would think within the next day/two..the market would understand that the odds are increasing for a rate cut on Wednesday, and the Naz will rally (even if not true)...surely, Greenspan & co. are at least considering now...Greenspan's "calming effect" of 2 weeks ago almost gone...if he intended to calm the markets 2 weeks ago, and then has failed, wouldn't that increase the odds of a rate cut?

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