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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Rolla Coasta who wrote (7256)12/29/2000 3:07:01 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
jim, I'm thinking about buying some brokerages or banks ahead of the FED....or even natural gas ... but everything is down today. Do you see any capitulation day in 2001 ? or failing banks ?

Q:

We could get further downside in the first week of 2001... That should set up a rally into the FED meeting at the end of the month... If next week's job report is really bad we could see an interim rate cut next week... I wouldn't count on it... If we see a rally at the beginning of next week it will mean that an interim rate cut is being priced into the market... Not good if we don't get that cut...

The banking sector looks like a good bet for 2001... C and CMB look like good areas to play the rate cut cycle... I don't think we'll see a rash of bank failures but we could see some venture capital firms lower the curtain...

Alternative energy companies should benefit from this cold winter and oil shortage perceptions... Here are some fuel cell companies that should do better in 2001... EFCX MKTY PLUG FCEL BLDP IMCO HPOW MCEL...

Jim