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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?

To: hjz who wrote (23252)	12/12/2000 11:51:36 PM
From: CrayUSA	Read Replies (3) \| Respond to of 24256

We now have 2 big events to play. Let's try to get them right. We have election results and euphoria over the ending. We also have the FOMC meeting the 19'th. That meeting is just as important concerning the stock market. I think that general market direction sentiment is the most important factor now. Now it looks like we will have a lot of buying for tomorrow. The big question is,, will interest rate fear creep in by Friday. I think it will. As I see it we have 4 scenarios to figure out. 1. Approximately 2 days of buying and then interest rate decision fear kicks meaning general selling. The 19th we have buying. 2. We have sell on news here tomorrow until the 19th and we have buying. 3. We have general buying until after the 19th and then sell on news. 4. We have selling the both events due to earning fears. I think as of now the first scenario is how I play it. Very careful to watch market trend. If we get it right a lot of money to be made both ways. Cray