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Microcap & Penny Stocks : Rat dog micro-cap picks...
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To: Bucky Katt who wrote (4794)3/16/2001 5:29:12 PM
From: Silver_Bullet   of 48461
 
I find a run after a fed cut hard to believe. Everyone want's a 75 point cut and I don't see the data behind such a move by the fed. So if they give us 50 or 25 which I believe could happen then the market tanks. Anyway, I find if very hard for a sustainable rally to happen. We no sooner get one rate cut and we are looking for then next. At some point the fed runs out of rate cuts and at the current rate sooner rather than latter :-). To rally the market has to find some other reason to buy than the rate cut only. It's just way too thin of a reason to buy, it doesn't hold any water in my mind.

Now it is possible that we see a rally as you are positioning for but IMHO it will be very short lived and not as explosive as the suprise cut.

FT

EDIT: We are way past the point of anything but fundamentals being the reason to hold a stock...LOL
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