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To: Jim Willie CB who wrote (50292)11/16/1999 8:47:00 AM
From: Uncle Frank  Read Replies (2) | Respond to of 152472
 
For those of you without access to cnbc, the results of today's AG Briefcase Cam indicate no change by the Fed. Futures are rallying on the news.

uf



To: Jim Willie CB who wrote (50292)11/16/1999 9:06:00 AM
From: Boplicity  Read Replies (1) | Respond to of 152472
 
We will see. Could it be that you rely on too many crutches, and are too academic in you view? Are you making it too hard then it really has to be? That said your 335 would go just find with my 341 to 319 range. There is no true, no matter what rules, in using T/A NONE! Are you saying that my view can't be unique that I must follow some rules laid out by some others, that I must follow the crowd? Sorry I refuse to go along with what is suppose to happen.

Greg



To: Jim Willie CB who wrote (50292)11/16/1999 9:07:00 AM
From: Cosmo Daisey  Read Replies (1) | Respond to of 152472
 
Jim,
A ten point drop certainly doesn't signal a break in momentum for the mighty Q*. Less than three percent is not a significant indicator of anything other than normal market conditions. The might Q* has been going up and up and up so we have started to expect 20+ point days everyday. If you look at the interday high compared to the close its a bigger change but the last trade of the day is the fair value and that was a miniscule 10 points on a 370 stock. MSFT had a bigger % drop yesterday, CNXT also and I don't see the gloom and doom postings on those stocks.
cdaisey@trend-is-your-friend.com