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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: James F. Hopkins who wrote (16109)	6/5/1999 9:46:00 AM
From: HairBall	Read Replies (2) of 99985

Jim: BTW the resignation of Alice from the Fed is fluffed off by many as she is just moving on. She won't ever say anything as that's against the code but people with eyes to see know actions speak and she resigned without notice , that's always in protest even if it's not verbal. The rate hike is not only a sure thing it could come predate and in a way to catch speculators off guard. ( as per CreemSpans yardsticks ) Shucks, I believe you and I share more behind the scenes views everyday...<g> Of course, a single hike can be spun either way. RELIEF that the FED is on top of the situation or FEAR that it is only the first... AOL up on a Court Decision that went against AT&T...yeah right…the Specialist pushed the price up with a bulldozer...with a standing 100,000 share bid late in the day. That was over an 11 million dollar bid at 112, then at 115, then at 116....while only keeping in place a token 1,000 share ask. Then in an instant...a few minutes before the close...the 100K share bid just disappeared. Regards, LG

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