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Strategies & Market Trends : Rande Is . . . HOME

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To: carepedeum2000 who wrote (48090)2/27/2001 1:17:26 PM
From: Rande Is  Read Replies (1) of 57584
 
. . . . FED WATCH HEADS UP: . . .

Carpe. . .
my first guess would be to get it done prior to his testimony tomorrow

You may be exactly right.

Considering the way that the markets "crashed perfectly" ahead of the Jan. 2 surprise rate cut, which certainly appeared to have been leaked. . .one would conclude that all such "surprise" rate cuts would be leaked to some degree. So the question I am asking myself is this. . . Have we seen enough of a recent drop in the Nasdaq 100 stocks to indicate we are seeing the Leak-Before-the-Cut"??

Ah, but they get stealthy with each manipulation, no? So today we see the Nasdaq 100 down about 3.0%. . .EDIT: . . 3.3%. . . 3.5% . . . 3.75%. The Nasdaq COMPX is only down 2%. . . EDIT 2.4%. IT is unusual to see such a lack of parity.

So we dig further and find that the Breadth of the NDX is terrible!! It is hard to find a stock in the Nasdaq 100 that is UP today. Advancers are being slaughtered by decliners.

And that IS indicating to me that manipulation is the driving force of todays market. . . and that there is extraordinary rotation going on. . . . my guess is that the rotation is back into the biggest and best of the techs.

And if I could be so bold as to go WAY out on a limb. . .

I would guess that we will see an even sharper decline in the NDX today. I am looking for a -4.5% decline in the NDX today. AND I am looking for the "SURPRISE" FED announcement to come today!

Hello? How's THAT for going out on a limb?

If it is correct, it proves once again how we can profit from reading the manipulation. If incorrect, then its incorrect. I would be looking to cover shorts right here. . . .and load boats with the best companies when the NDX is between -4% and -4.5%. . . some will drop faster or further than others.. . . and others will bounce faster and run harder. . . .

Best wishes to all. . .

Rande Is
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