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Strategies & Market Trends : The New Economy and its Winners

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To: Mark Fowler who wrote (5742)3/19/2001 5:21:48 PM
From: 16yearcycle  Read Replies (3) of 57684
 
I have about a million charts and numbers burned into my brain at this point, so I am probably confused more than anything.

Bear with me for a moment. I am of the humble opinion that the last 1200 points of this is an error by the fed, that they apparently intended to make, or are pleased that they made. Since I am of that opinion, my current conclusion is that if the fed does 3/4 tomorrow, we have found a bottom. If they do 1/2, I think they haven't corrected their mistake yet, and we could see 1350-1500.

So it rides on tomorrow, for what I think are very real fundamental issues. We are a growth economy. We shipped a lot of bs manufacturing overseas so that we were more stable then Asia(who has more stable e, msft or GM?). It's as if the fed forgot all this and waited for the wrong slowdown signals. They waited for a slowdown in manufacturing, here. We are structured such now that you have to be an idiot to look for a manufacturing slowdown as a first indicator. Unreal.

15% odds they do 3/4.
30% chance we have seen the bottom.
30% chance we go to 1600
30% we go to 1500
10% chance we go to 1350.

I am buying at 1620, on margin, at any sign of downwards momentum slowing.
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