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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Larry S. who wrote (22007)	2/1/2000 6:41:00 AM
From: Ron McKinnon	Read Replies (3) \| Respond to of 53068

Larry I agree that the Fed meeting and rate increase will be a "non-event" but, 5 minutes later the market will start to worry about the next meeting and the next increase my current guess: 10% we saw the low and go up from here 25% we wander around with an upward bias 25% we wander around with an downward bias; retesting the lows 10% down and breaks the lows; full blown correction 30% all of the above with continued major sector rotations so all of that tells me to keep doing the same old thing heavy buying power get out of nasty sectors and in the daily/weekly favorite continue to leg in and out of great companies with the objective of lowering my average cost for a long term hold with a small position I have taken profits on about 80% of my bank holdings, now hope for a dip to begin the reload process