To: DlphcOracl who wrote (43524 ) 12/14/2000 11:30:52 PM From: carepedeum2000 Read Replies (2) | Respond to of 57584 heres one possible scenario that i would vote for cpi numbers come in benign, but individual investors are convinced we are facing hard landing and naz 2000 and all rush for the exits, the markets ignore the good news on adbe and oracle and the naz hits 2600 the first 20 minutes of trading,all of a sudden the shorts decide its time to cover, someone like abby jo says now is the time to buy, and some big fund like fidelity starts bringing in the sideline cash, the mo/mo continues throughout the day and the naz bounces back to 2800 area, monday the rally continues into the fed meeting and the naz is back to almost 3000 when the verdict hits at 2.15 tuesday, at that point we may get some more "sell on the news", but i think this scenario "could" happen tomorrow for the "glass is half full" crowd, one key to watch is the 30 year treasury, we will not get a rally until the yields come back up, if yields continue to drop, it is an indication of a flight to safety, and the thought of a hard landing, i would not reenter the market until you see a red price on bond prices i think you will at the least have a trading play between fridays low and 2pm tuesday, the market will not selloff into the fed meeting, if we are going to get a retest of the lows, it will happen first thing tomorrow morning, the other scenario is, we get benign cpi, market shrugs off msft warnings, and if that happens , the light turns green and money starts flowing too, if we close again at the lows tomorrow, turn out the lights, im going home!! if you believe in recovery scenario, my favorite bounce list would be exds jnpr glw cien scmr jnic qcom brcd ntap these move hard both ways if you catch the trend right