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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (2871)5/10/2000 4:55:00 PM
From: Copeland  Read Replies (3) | Respond to of 19219
 
Busy freeing up more money. I agree -- I think we're going to move up hard after the Fed meeting next week.

I even had my mother call up today asking if she should sell her tech stocks. Definitely a sign of capitulation (grin).



To: J.T. who wrote (2871)5/10/2000 5:03:00 PM
From: marginmike  Read Replies (1) | Respond to of 19219
 
J.T. I agree but it needs to be a REAL big 300-400 pt drop for me to believe the bottom is in. I think it will provide short term tradeable rally. However the 50pt move is just the first of several BIG rate hikes to come. Untill at least another 50bph is in we wont rally to much.


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