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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Surfer who wrote (64989)	12/21/2000 9:18:33 PM
From: Gary Burton	Read Replies (1) \| Respond to of 99985

Surfer--My2c is that 1)the Fed will not cut rates early, but 2)the continuing carrot of a cut in late Jan will provide the s.t. psychology of maintaining a rally starting next week and lasting into late Jan. In fact, I am beginning to wonder what is going to whoosh the market down 1 last time in here (for this leg anyway). Hey, maybe GE changes its mind? now that would shock a few.--gotta think of something -fast. Need to put trading money to work for 30-50% fast gain on some deeply depressed techs--but SOX needs to go sub 500 first!. I don't plan on holding very long (vbg). Damn system I use won't let me buy yet. Maybe, I'll coax it tomorrow. Still think Don Hays is going to be left at the alter when it turns-but he sure has a hot hand at the moment.