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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (32564)	8/22/2000 2:05:46 PM
From: debby	Read Replies (1) \| Respond to of 50167

I hope you're right, I have been adding to many positions. What do you think of CPWR at this time?

To: James Strauss who wrote (32564)	8/22/2000 4:46:30 PM
From: Luce Wildebeest	Read Replies (1) \| Respond to of 50167

Thanks James for your astute observations. niv

To: James Strauss who wrote (32564)	8/22/2000 8:40:45 PM
From: TWICK	Respond to of 50167

Bloomberg's take on the Fed's action: bloomberg.com Twick

To: James Strauss who wrote (32564)	8/22/2000 10:30:06 PM
From: Peace	Read Replies (1) \| Respond to of 50167

Hi Jim, Thanks for your updates. Keep up the good analysis. The fed did what we all expected on this thread. A lot of us here believe that the fed is out of the picture and the next move (whenever that is) will be a rate cut. So now that we have fed out of the way, as investors return from their August vacations, we should be able to engineer a break out. I noticed that the NDX was repelled by the upper boundary of the large triangle today. Eyeballing the chart I see this resistance at the 3900 area. We have advanced 400 points on the NDX in a short time and need a breather. My guess is that we will consolidate for a few days (pullback/sideways action) which will also help work out the over bought conditions. I will be buying this coming pullback and will be even more aggresive when we successfully take out the 3900 area. I dont expect the NDX to go below the 3700 area, however, if we approach the 3500 area then all bets are off and I will be looking to go short. Peace