Stock Attack II - A Complete Analysis Message Board

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

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To: donald sew who wrote (885)	2/23/2001 9:46:56 AM
From: JRI	Read Replies (2) of 52237

Don, I got another BIG piece of the puzzle (in my view)... Next Tuesday, Consumer Confidence number comes out....it will likely be bad....that will be "impetus" for Fed to intemeeting cut (they'll also mention confidence in markets as a reason too- can't be too ridiculous when market going straight down)....I do think the markets go down between now and then....I think we get 10k and 2k, and probably below- possible UGLY, ugly day on Monday....but with Greenspan holding off until Tuesday....BECAUSE he doesn't want to look like he is "saving the markets" even though that will be his real intention.... That consumer confidence report gets Greenspan out of a pickle...(What will they think if I cut?)

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