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Strategies & Market Trends : InvestRight - Short Term Trading St

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To: rebecca who wrote (437)	10/20/1998 9:16:00 AM
From: Jeffrey L. Henken	Read Replies (2) of 939

It looks like it could be another good day today today. Japan was up again last night and all of Europe was strong. This is a broad based rally we are seeing supported by the FED's decision to lower interest rates as needed. The Russell 2000 rose 3% yesterday showing that money is flowing back into the small caps. This means that some of the fear of a lack of liquidity is being set aside by those looking for a higher rate of return. Biotechs and many other stocks will definitely improve in this environment. EMIS might be good for a triple from here unless the FED signals a rate increase sometime next year. Here are those over night numbers: quote.yahoo.com I wish I had more cash free to invest. Regards, Jeff

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