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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (11703)2/26/2001 7:33:04 AM
From: Jim Cash  Read Replies (1) of 30051
 
IMHO if the FED DOES NOT cut rates prior to the 9th then I don't see your lows by that date. The thought is that shorts will be taking profits and will be reluctant to open new positions with the threat that an ease could come any day.
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