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


To: Jim Willie CB who wrote (25528)12/16/2000 12:40:54 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 65232
 
some bullish hammer patterns among techs

NazComp, Biotech index, some key techs all finished near daily highs
after opening ok, but dropping badly midday
near full recovery by close characterizes the bullish hammer

bodes well for the new week
/ jim



To: Jim Willie CB who wrote (25528)12/16/2000 1:19:15 PM
From: Jimbo  Respond to of 65232
 
Jim - I agree no cut but bias towards easing - at least it is a move from tightening through neutral to towards easing.

Hope the market is not disappointed by no rate cut !