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Pastimes : The Big Tex House of Coin

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To: Jeff who wrote (17600)	3/20/2001 3:36:31 PM
From: ChrisJP	Read Replies (1) of 19297

Hi Jeff, I really appreciate the mid-day updates. The .75 basis point rate cut story, plus the rebounding activity that started at 2pm yesterday almost on the nose .... .... welllll let's say it looked suspicious to me. I bet even if the Fed had done a .75 cut, the rally would have lasted maybe 1 day longer. I mean, people are selling because they have to -- not because the want to. April 10th ... liquidations to pay income taxes done ..... but then, I'm still waiting for IBM, CSCO, and EMC to tell us how bad things really are gonna be for the next 6 - 9 months. Kind of waiting for MSFT too, but that's another story. Take care, Chris

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