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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (18533)1/30/2000 1:28:00 PM
From: Ken W  Read Replies (3) | Respond to of 29382
 
James,

Hi Jim, I love it when you and I see the same thing! Sergio agrees that the chart in CVOL is looking good too. Even though risky, the charts are just too overwhelming to pass by. I'm going to shoot for it at 1 7/16 for the trade.

I noticed an article from Ruetgers on SI this morning about the FOMC meeting Tue and Wed. General thoughts by ex gov's and board members is .25 with several more over the next 6 to 12 months to try and get things back in line. If they only go .25 rather than .50 then I'd bet we get a good bounce in the market due to .50 already being priced in on Fri. What think?

Ken