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

To: TWICK who wrote (34868)	10/26/2000 12:58:27 PM
From: Luce Wildebeest	Respond to of 50167

Buying on the dips has been costly for many this year. you've got that right. It feels as though we're being set up for a slaughter. niv

To: TWICK who wrote (34868)	10/26/2000 1:22:50 PM
From: James Strauss	Read Replies (1) \| Respond to of 50167

TWICK: I agree that buying the dips recently has been tough for anyone but the very short term oriented... I think that a GDP figure reflecting a slowing of the economy might just move the FED to at least declare a neutral stance prior to a rate cut in the months to come... This expectation might be enough to nudge more money from the sidelines... Also, the haircuts, that the once hot sectors received, sets up the potential for big rallies as those sectors continue to generate good revenue growth... Also, look for some fiscal and monetary actions in Europe in the near term... That should benefit our markets... Jim