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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Rick Faurot who wrote (2585)8/9/1999 4:59:00 PM
From: marketbrief.com  Read Replies (2) | Respond to of 18137
 
He's a lot smarter than a lot of people put together (which isn't saying much considering that 90% of the people working in Wall Street are there because they are either someone's nephew or belonged to the right frat), and the single best writer of mkt.-related stuff on the Net, BUT his timing is generally atrocious (witness the massive bail he did on 10/8/98). I just like to poke fun at him cuz I'm sure Gary B. Keyword Search Smith (recently de-cloaked) passes on all the tidbits, lol. (I'm joking, Gary).

~Smart$



To: Rick Faurot who wrote (2585)8/10/1999 1:30:00 AM
From: Paul Viapiano  Read Replies (1) | Respond to of 18137
 
I think we'll see a rally into FOMC because the interest rate hike is no big deal opposite an outstanding economy

I'm not saying that interest rates don't matter, but...6.2% is where we were at in December 1997...and I recall that 95, 96 and 97 were fantastic years in the market.

Paul



To: Rick Faurot who wrote (2585)8/10/1999 4:28:00 PM
From: Rick Faurot  Read Replies (1) | Respond to of 18137
 
I was scratching my head over the sudden rally today until I read this from briefing:

<<14:54 ET Market Action : Market rally sparked by dovish comments by Fed Governor Gramlich, who is suggesting that market making too much of
low unemployment rate and its inflationary effects... Dow -57, Nasdaq -35, S&P 500 -16.>>

Rick