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To: Richard Tsang who wrote (12148)11/14/1999 3:54:00 AM
From: MartinFRead Replies (1) | Respond to of 118717
 
Hi all, this is a Trader J article but since it seems both threads have common interests, I thought of alerting you all when one or another (Trader J and Dale) publishes something. You are welcome to stop me in the name of the holy spam war (lets just hope it doesnt last 100 years..).

TI Article: Where to From Here? - 11/14/99 by Trader J

tigerinvestor.com

What is a trader to do? The more important question remains: what is an investor to do? All eyes remain on Mr. Greenspan this next week as the Feds will ring in with their monthly analysis of the state of the economy. Per CNBC late last week, 75% of those polled feel that a rate hike is coming. Given that percentage, if indeed it is true (and it may be), the markets showed little fear or nervousness about the upcoming meeting. Friday?s exceptional market confidence played itself out when a sixty point NASDAQ decline was erased into the close of trading. In the recent past, given the increasing rate climate, the markets were decidedly cautious in the days leading to the Fed. Meeting. We have obviously entered into a new phase of confidence regarding our economy and the US stock markets. Perhaps we have entered into a period of desensitization with due to the over abundance of negative forecasts, rising rates, inflation, and fundamental over-valuation. We want our Tech Stocks, and we want them now!