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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Trader J who wrote (18095)	7/27/1999 10:51:00 AM
From: Wes Stevens	Respond to of 56535

Wish I had taken the gap on EFNT. I really do not like this market. I think it will sell off again today. After GS speaks tomorrow it will probably rally.

To: Trader J who wrote (18095)	7/27/1999 11:21:00 AM
From: American Spirit	Read Replies (1) \| Respond to of 56535

Greenspan - think you're right Jeff, he's done the damage he wanted to do last week and isn't about to want to crash the Naz again with anymore pessimistic words. He is aware how much weight the market puts on every words which comes out of his mouth. It's really absurd because it has little effect on reality but I believe he'll calm the market tomorrow a little. That could indeed make for a short-term rally. As for stocks like NPLS, I think the leaders have to move first, then the secondaries. I wouldn't sell here. If we can get a rally going stocks like this should fly back. Bought USW (to replace QWST tax loss sale) and BEBE this morning. BEBE mentioned very positively on CBS marketwatch and is back down to rasonably low price.