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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Kimberly Lee who wrote (19150)	10/18/1999 8:06:00 PM
From: pressboxjr	Read Replies (3) \| Respond to of 108040

<<CPI will be a non event tomorrow.>> Kimberly, I respectfully disagree. If the numbers don't come in the way the Street expects, look for the Dow and Nasdaq to test lower levels, primarily the 9700 level for the Dow. I'm still trying to figure out if the Dow's recovery today was short-covering or institutional buying. Maybe a little of both, but I would think that the institutions would wait and see what the Fed does. <<Those borderline Y2k paranoia who have been sitting on the sidelines are the ones I worry about - you never know when they will crack and start jumping into action.>> I agree 100% with you on this. Who knows how these bozo's will respond. Personally, I'm more worried about China right now. With the Taiwan thing, topped with possible devaluation of their currency, who knows what will happen. Best of luck in your trading. Keep up the good work. JR