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

To: Smart_Money who wrote (93061)	4/5/2000 12:04:00 AM
From: $Mogul	Read Replies (2) \| Respond to of 108040

In case you did not see my previous post.. it was a orchastrated shakeout I feel. We lost 1200 points from the 5k high to the intra day low today..about 1200 pts.... now that should be the short term shakeout. I think we run up to earnings, then retrace again. The test will come before Summer Dolldrums, to see how strong we can hold, and if it is weak and no support which Idoubt, it is entirely plausable to see 2600 on the NAS, especially if the Dow is weak and corrects too. Also.. I also know that many MM's inventories got crushed today, so i look for a bounce ..they have to make back some money..heck April just started.

To: Smart_Money who wrote (93061)	4/5/2000 12:24:00 AM
From: G3	Read Replies (2) \| Respond to of 108040

Kind of weird timing - maybe not by accident? But I would bet this meeting tomorrow with Al, his brother Bill, and his other brother Bill, should stabilize tomorrow's trading somewhat... The 3 party animals. G3 cnnfn.com Gates at the White House Clinton and Greenspan to confer with Microsoft chairman on technology issues April 04, 2000: 6:04 p.m. ET WASHINGTON (AP) - Two days after his company was found guilty of violating antitrust laws, Microsoft Chairman Bill Gates will join President Clinton and Federal Reserve Chairman Alan Greenspan at a White House conference exploring how technology is changing the world economy. Both the White House and Microsoft denied that it would be awkward for Clinton and Gates to share the media spotlight Wednesday. "Clearly Mr. Gates has much to offer in terms of his point of view," said Gene Sperling, director of the president's National Economic Council. "We aren't endorsing or necessarily disagreeing with all sorts of things people are going to say." Likewise, Gates' spokeswoman Ginny Terzano said, "These are two people who genuinely get excited about talking about policy and having very thoughtful discussions about how policy affects peoples' everyday lives. Bill is excited about... [blah blah blah blah blah] The daylong conference on the "new economy" will feature Wall Street gurus, economists, scholars and Internet experts. It will explore topics such as, "Is the new economy rewriting the rules on productivity and the business cycle?" Greenspan will speak on technology and its impact on the economy. Gates will participate in a panel on closing the "digital divide" the lack of access by minorities to computers and the Internet. [blah] Sperling pointed out that the United States is enjoying its lowest unemployment rate in three decades, with strong productivity growth and high levels of business investment. "I think the new economy is doing quite well," Sperling said. "And I do not think that one should judge the strength of the fundamentals of our economy based on the movement of the market over a one day or even a one month period."