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To: fedhead who wrote (4454)12/24/2000 2:45:41 PM
From: Mark Fowler  Respond to of 57684
 
St traders covered thru Wed and Friday. I'm short on a couple of extended Drug stocks. This could be a rally up to weekly 200mas? 50mas first resistance. I'll get long techs when a solid bottom is in, this is scalpers stuff only in here. Bkx and Broker stocks are key to everything right Now for a short term rally and The 30yr. looks like it's pricing in another rate cut. Long term trend--down!

Itra day, week tanked by all stocks when AG didn't deliver remember 1/2 point was priced in. Were at support on the 30yr. yield 5.4% -- and no signs of reversal yet the 30yr. could go to 4.9 5.% the lowest levels since '98. again( scalpers stuff only.) Will AG deliver this time, he better come thru with something soon.