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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: DlphcOracl who wrote (43524)12/14/2000 10:36:28 PM
From: byhiselo  Read Replies (3) | Respond to of 57584
 
thats the way i'm playing it with an immediate sell
on Tuesday afternoon if we don't get 1/4 point cut

forget about market orders to sell at that point, best
strategy is to set stop loss on positions tuesday morning
and gradually move up as we get closer to FOMC announcement

cheers



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



To: DlphcOracl who wrote (43524)12/14/2000 11:56:14 PM
From: Softechie  Read Replies (1) | Respond to of 57584
 
Fed won't raise rates just because poor earnings for last quarter. Think about it. Inflation in check (not high demand for goods). Low unemployment (business is doing good and people have money). Oil price dropping. All these are telling us it's soft landing. People still can find work but they're not spending as much as before. This is good actually. They will probably wait for couple more quarters to see the economic numbers before cutting rates. I think likely in March. They won't cut rates just because too many poor losers in the market crying now. Where were they when he raised rates?



To: DlphcOracl who wrote (43524)12/15/2000 9:52:42 AM
From: rocklobster  Respond to of 57584
 
There is no way that Greeny will ease in Dec.. Way too much bad debt and derivative risk overhanging market right now.. Greenies main goal is the strength of the US dollar and there's no way he can cut rates now without weakening the dollar...IMO

rok