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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Clint E. who wrote (21780)	6/30/1999 12:08:00 PM
From: Iris Shih	Read Replies (1) \| Respond to of 69962

This is Cramer's comment this morning. Did you feel that fungo bat smack the market's head? Did you hear the thwack when the wood connected with skin, skull and, ultimately, brains? That was no fungo bat, silly. That was a cannonball, a Chicago Purchasing Managers' Index cannonball that takes your breath and your head away, considering that today is Fed day. Suddenly, my partner, Jeff Berkowitz, turns to me and says, "Only 50 basis points will work now." He has been looking for a sell-off before fed meeting. But no deep slide yet seen. Now mfnx is starting flying without me. Might get back in again. And tuck it away with my covd. Nxcd volume too thin. Iris