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

To: limtex who wrote (28073)	1/3/2001 2:49:29 PM
From: Jim Willie CB	Read Replies (3) \| Respond to of 65232

wrong on interim Fed cuts, glad to be wrong finally some sanity enters the Federal Reserve Board they have been taking major league heat for weeks these guys are almost as incompetent as I am trading short covering should be the dominant effect now then comes shorterm profitaking we might see some stability re-enter the Naz after a week I see resist in Naz at 2550 or so, right here but I no longer expect any serious decline to test 2100 with rate cuts now, we can expect to get past the economic lows sooner like by midsummer, in time for a midsummer night's dream one must interpret the Fed's actions today they said WE REALLY SCREWED UP WE FOUND THE ENGINES BEING SLOWLY DESTROYED BUT WE DONT WANT THAT SORRY FOR ALL THE STAGGERING CAPITAL LOSSES PLEASE FORGIVE US not, incompetence, horrible, so little, so late plenty of economic damage coming in the next two quarters but that should be the end of it thank God we are spared from the ravages of inflation sorry for being so hard on our Chief Narcotic Officers now where is my Beer ATMEL ??? ah yes, not too far out of yesterday's reach always an asshole, but often a charming one / jim