Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (51305)	4/22/2001 11:26:42 AM
From: Gary105	Read Replies (1) of 94695

Bill - could you explain the large drop in SCYR in just a week? Was it earnings or interest rates that caused the drop. I assume it was earnings as I assume short term rates fell with the Fed move (which should increase SCYR). Anyone catch Doug Jimmerson (sp?) on NBR - he thinks rally may continue possibly pushing Dow above 11,000, but also thinks we will see new lows (8000s for Dow) later this year. Cyclepro site has been pretty good about direction of Nasdaq calling the rebound. It now says it will run out of gas with significant decrease by May options expiry and new lows by June options expiry. Thus far the direction calls have been good - sometimes the timing is lengthened beyond their predictions. Look for severe Cali electricity shortage this summer along with gasoline prices close to $2/gallon.

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