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

To: Brasco One who wrote (43593)	12/15/2000 12:49:28 PM
From: Jane4IceCream	Respond to of 57584

No chance! I give all my market predictions to s-techie....LOL Jane

To: Brasco One who wrote (43593)	12/15/2000 12:52:24 PM
From: rocklobster	Read Replies (2) \| Respond to of 57584

Reversal late Monday.. surprise move by fed... Maybe they go all the way from tight bias to loose bias instead of neutral.. I don't see a rate cut.. but if they went beyond just nuetral, the market would anticipate a January cut which may make for some nice holidility.. I think we are in the midst of a 4DMLS and today is the third day.. market will tank on Monday if this is true... just my opinion...FWIW rok

To: Brasco One who wrote (43593)	12/15/2000 2:10:19 PM
From: Rande Is	Read Replies (2) \| Respond to of 57584

Donny, no reversal here. . . . I am leaning toward Rocklobster's call of a 4DML beginning with Wednesdays gap up. That would put us in the third day, which should hit the LOD in the final two hours of the day. [we should get confirmation of this any minute now]. . . A 4DML would further imply that we will hit the low of day on Monday between 1:30 and 3:30pm EST as well. At this point, I am looking to cover my shorts Monday and begin to turn long on various issues as they move. Hopefully, we will rally off the backend of the FED announcement, but I'll have my finger on the trigger ready to turn on a dime if not. One thing I will NOT do is buck the trend. Best wishes to you, Rande Is