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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: pinhi who wrote (25488)	12/16/2000 12:18:11 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 65232

Dick Arms got a word in yday, founder of Arms Index he claims the Arms Index is showing most oversold situation in Naz since lateNov should get a decent pop here the bank index BKX has come back to clustered MovingAvgs in support another good signal in the midst of a sudden downdraft to end the week but the intensity of any rally depends on whether Fed displays 20-20 vision and cuts interest rates gonna be a Fed meeting with heavy conflict on Tuesday perhaps a compromise with only a 25 bpt cut? or going to easing bias my bet: no on cut, maybe on ease bias / jim