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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (6435)	7/26/2000 11:34:31 AM
From: Bucky Katt	Respond to of 13094

Jim, a rate cut? Where I live, we are back to houses selling in 1 or 2 days, at listed price, or even above, with 2 or more bidders. (and these are expensive places to begin with) No one seems to be bothered by higher mortgage rates. And at every place I go to eat & drink, money is being spent like there is no tomorrow. This is still one very hot economy...Rates could go up another 1/2 point, although the election now comes into play. And no one really knows the lag time of the previous hikes. I recently read that there are 2 dollars now, the FED dollar, and the Cisco dollar. The thinking is that the Cisco type dollars are out of whack, vis a vie the almighty FED dollar, so something must be done to correct the valuation inequity. The FED cannot have that kind of competition. Something to think about....... Every stock & index seems stuck in a trading channel, except for the stocks that are being taken out and shot.