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


To: stan s. who wrote (58529)1/6/2000 9:45:00 PM
From: Marshall001  Respond to of 108040
 
stan.. Excellent work. I see the 3450 scenario as the most likely. If numbers are good tomorrow, we rally forming a lower (high) or relief rally. Then we sell off going into Fed meeting in Feb. Could reach 3450 by then. If not, we could bounce around your 3620 scenario and drop down on a 1/2 point hike. After that the worst case 3150 or lower only comes with much stronger economic numbers in the months to come.

Either way, I think we see 3450 or 3620 before Fed meeting.

I am hoping for in-line numbers tomorrow. So some folks here can lighten the load a little. If numbers are better than expected (best case) Fed has to seriously consider waiting another month or two before jacking rates. Maybe a tightening bias only..

JMHO.

M



To: stan s. who wrote (58529)1/6/2000 10:55:00 PM
From: Wayne Choi  Respond to of 108040
 
thanks, stan



To: stan s. who wrote (58529)1/6/2000 11:35:00 PM
From: kathyh  Respond to of 108040
 
stan, excellent post, thanks so much... i always value your read on things...

kathy :)



To: stan s. who wrote (58529)1/7/2000 1:49:00 AM
From: WhatsUpWithThat  Read Replies (1) | Respond to of 108040
 
Your generosity in sharing your work and skill on TA is outstanding, stan. Many thanks for whatever posts you create here, whether they instill fear or provide succor for individuals! It's comforting to inject some "hard science" (a little poetic licence there, I know) into a situation where emotions too easily hold sway.

WUWT



To: stan s. who wrote (58529)1/7/2000 8:23:00 AM
From: cgraham  Read Replies (1) | Respond to of 108040
 
Do you think these last two days of "correction" will be it or do you agree with Mr. Barrett of Smith Barney that the real "correction" of the Naz will come the end of this month, and that the market will be bullish after that...

I mean, most people I know who trade picked up YHOO and others yesterday at a better price than we've seen in a long time, and not that these stocks were necessarily overvalued either, but genuine "bargains".

Would love to have your opinion...