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

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To: Lee Lichterman III who wrote (39166)	12/23/2000 11:22:57 AM
From: Yaacov	Read Replies (2) of 42787

Third, today's rally was not a healthy rally"" Today was a thin whipsaw and short covering rally. I expect to see substantial down side in the next couple weeks." 100% agreed, this rally was not news driven, but it was driven by belief that the worst is behind us and the rate cuts lie ahead. When the rates go down the stocks go up! If the Feds cut the rates in Jan. then this market is has one way to go, up! It has already discounted all the bad news! Everybody has warned, and Feds will cut! My fear is what if they don't?

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