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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (8715)12/7/2000 5:18:37 PM
From: Logain Ablar  Respond to of 30051
 
Zeev:

I think the market is showing some strength today. If the election uncertainity ends (IMO it should end no later than tomorrow when the FL SC rules against Gores appeal) the market will move higher.

Granted many arguements on deteriorating fundamentals (most correct) but the market will now think AG can engineer a soft vs. hard landing. Probably not till after the Jan FED meeting before this changes. I'm hoping your turnips are wrong on the January timing but I recognize the high probability the next down turn can start from Jan - early March.

INTL warned after the close with flat sequential revenue and much lower investment income.

I was purchasing more rmbs today below 47.

Good luck out there.

Tim



To: Zeev Hed who wrote (8715)12/7/2000 5:53:04 PM
From: U.B. Green  Read Replies (2) | Respond to of 30051
 
Zeev, given the reaction, so far, to INTC. Do you still think we are going to 2550? What do those turnips say?

Bernie


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