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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: kathyh who wrote (64051)10/4/1999 10:27:00 PM
From: bobby is sleepless in seattle  Read Replies (1) | Respond to of 90042
 
almost a given the rates remain the same, with the possibility of a rate hike at the following meeting...whether this means the bias will change, dunno...if so, we are held hostage, as someone described on the MDA thread....keeping us in check without a runaway market in either direction.

if all remains the same with no change in bias, chances are, we rally...CS, pios, "should" move up, but not expecting huge moves. no position in either, although alarm now set to try CS at low 15 level...

Today saw my YHOO position stopped with 1 7/8 loss...will see a nice initial pop if rates remain same, after the fact, I expect a rally, as YHOO has idled in the 170's...

rest of ATHM sold in the morning,

still holding vert as my charts suggest it goes higher

playing the bounce with Jane on PRSW, appears in oversold condition,

MSFT swing position intact

PCSA sold

starting to evaluate discount retailers...

and time to get busy evaluating what to buy for tomorrow, depending on the outcome...




To: kathyh who wrote (64051)10/4/1999 11:42:00 PM
From: R.E.B.  Read Replies (2) | Respond to of 90042
 
I hate "Fed Day" because I'm sick and tired of watching CNBC and their stupid "brief case indicator." It's really getting old and no matter how fat or thin the brief case is, they will slant their interpretation of the size to fit with the popular belief as to what the fed is expected to do.

I'd love to slap Mark Haines up side the head everytime he talks about it.....