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To: waverider who wrote (71409)	5/2/2000 9:02:00 PM
From: jmanvegas	Read Replies (1) \| Respond to of 152472

Down in my California home (Carlsbad) sipping margaritas by the beach watching the Naz carnage as we approach Fed judgment day. Are we witnessing a bear market rally these past 7-8 days only to be caught off guard by a vigilant Fed? I don't know the answer but I've seen it so many times in my commodity trading days. I do like the news out of Japan and I feel that Congress will pass China's entry into the WTO. So I'm getting prepared to pull the trigger big time after the shi*heads at the Fed do their dirty work. If you noticed, the lone Fed member who didn't agree to the past rate hikes has now gone on record as saying that productivity increases from technology are not offsetting impending inflation. Wow. Are we going to witness a 50 point hike - if so - could we retest the lows and attempt to put in a triple bottom in the Naz. If we do, I'll come out with both guns firing and smoking to get ready for the end of May which is WTO judgment time. Good luck all. jmanvegas (by the beach and loving it)