The Big Tex House of Coin Message Board

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Pastimes : The Big Tex House of Coin

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To: Jeff who wrote (18029)	4/6/2001 9:27:48 AM
From: Jeff	Read Replies (2) of 19297

the clowns have only one bullet left in their gun... the surprise fed cut...... yesterdays huge rally was already the same effect of a surprise rate cute..... fed can cut all they want......it won't matter in the short term..........recovery won't happen till next year..... let em pump up the market all they want......you can short both the nasdaq and dow down to new lows..... this summer will be bad..... the only danger shorting will come when the markets are down near new lows and the fed does a surprise cut...but that would only be a temporary run...then fail again...... the only sustained run should come leading up to a fed meeting in may.....but that would be sold off like other fed meetings..... so the big money will still be on the short side.....more bagholders from longs who still believe..... the big picture...the trend is still down.....with a few spurts of life here and there to keep the shorts honest... dow has the biggest fall coming.....so i'm gonna start watching for dow shorts...short the same old nasdaq floaters...and keep one eye on gold at all times... and still just play some longs intraday only...... that will be my plan likely for the rest of the year.....until i see the next stoch 50 bounce on nasdaq.....at which time i will switch to holding longs a little longer till the next stoch 50 failure.....on that failure...i'll just go back to shorting.....

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