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


To: Boplicity who wrote (25948)12/19/2000 2:44:15 PM
From: Jim Willie CB  Read Replies (3) | Respond to of 65232
 
ditto, Fed tossed a small bone with reversing bias 180 degrees

I think 50bpt rate cut wouldve been appropriate and necessary
but the Fed must be concerned about saving face
they now can "appear" to be ahead of the curve
or at least more accurately, not "behind the curve" so much

they have never gone from tight bias to cutting by next meeting

a small bone, but it should buffet the Naz
a weird holiday retail dominated series of mini-rallies to follow
/ jim



To: Boplicity who wrote (25948)12/19/2000 2:52:08 PM
From: edamo  Respond to of 65232
 
greg...much to the chagrin of many, i would include in the failing issues brcm,extr,pmcs,cien,jnpr,jdsu,sdli,brcd....what are the similarities?

conversely a no pe like rmbs, appears to be moving in concert with the likes of intc...my favorites are atml (40% move and holding), xlnx, qcom, and soon to be crus...i'm looking at the up volume for the major part of the day, and the less down volume...

opportunity is becoming more clear...fed giving the point on the horizon to view...it's becoming a "win-win" proposition for growth/value stocks with strong fundamentals....e.g..fed cuts they go up, fed doesn't cut due to improving economy, they go up as earnings grow beyond expectations...

getting more positive every day...still risk and volatility