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Strategies & Market Trends : Ask DrBob

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To: iowamann, Spam Queen who wrote (33657)	5/15/2001 1:20:06 PM
From: couldawoulda	Read Replies (1) of 100058

iowamann - rate cut prediction of .50 based on yesterday's economic news with small change in bias leading the market to think that a further 25pt. cut will be in the works in the summer and that should be it. Market will rally, sell-off to break even for the day, and then close up 40 pts. Nas. indicators should turn here for the better and bust through resistance by tomorrow, and trade up to 2500 in the coming weeks. Wouldn't that be the best case scenario?? Living in dreamland I know..... ps. I haven't been right on the market direction in the last two months, so my losing streak would have to end at some point.

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