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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Chip McVickar who wrote (4118)6/21/2001 4:33:47 PM
From: Hawkmoon  Read Replies (1) of 33421
 
the dollar to come under pressure from within the Bush administation,

Agreed... That suggests even more significant interest cuts in the making, which should shove money out of money market accounts and into equities.

I'm hearing discussion of a 3rd wave move up to 2800 on the Nasdaq beginning sometime over the next couple of weeks.

The oils are crashing, the BKX surged 31 points today, and all the signs are that we're ready to see evidence of having hit the bottom. (but old leaders likely won't be the new ones).

Hawk
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