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To: Crimson Ghost who wrote (55425)6/28/2000 8:09:00 PM
From: Rarebird  Respond to of 116759
 
George, did you notice how the Utilities formed a double bottom today and then reversed and ended sharpely higher? As the leading indicator for the broad market, you will have to wait till mid July to get your next leg down. The NDX is already up 15 points in Asia. What sell off are you talking about? The Over The Counter Market is where it's at. Intel is the Market.

Greenspan is going to have no choice but to put up with higher inflation. That is the message of the day. Further Rate Hikes? The Economy will probably slow enough in the third quarter to prevent further rate hikes.



To: Crimson Ghost who wrote (55425)6/29/2000 8:36:00 AM
From: LLCF  Read Replies (2) | Respond to of 116759
 
<With so many anticipating a rally through July 4, we not get it.>

It always amazed me that people would actually make decisions in stocks [long term investments] based on the next holiday, FOMC, or whatever... certainly the one time it doesn't work has the chance to wipe out all gains from the times it did work.

DAK