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

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To: JRI who wrote (3042)3/15/2001 1:28:05 PM
From: adcpres  Read Replies (1) of 52237
 
JRI: This is starting to feel like the last gasping breath before death. If the market is pricing in an interest rate reduction, I'm afraid any rally after an announcement will be short lived. I can't see the FED being overly aggressive were it would give the markets fuel.
A lot of issues seem to be running out of steam. ITWO is off 20% from its highs today. RMBS is history. If we don't get a late day rally, watch out tomorrow. GH
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