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

To: HairBall who wrote (65703)	1/3/2001 2:45:13 PM
From: Saulamanca	Respond to of 99985

LG, LOL I`d rather be lucky than good.-g- I was on the opposite side of a surprise fed rate cut in 1998 and this is a lot more fun.-g- Regards, Jim

To: HairBall who wrote (65703)	1/3/2001 3:00:32 PM
From: High-Tech East	Read Replies (4) \| Respond to of 99985

LG, today is (probably) the biggest suckers rally in history ... much of the lousy earnings news is yet to come in the next three weeks, and the Fed has totally shot its wad (until March) - unless of course, the economy continues to disintegrate, in which case the Fed might cut rates by .25 on January 31, or between then and March 20 ... ... I say again, this is a true bear market that is not over , and we are probably headed for a recession ... I just bought a third (sold the other one yesterday) S&P 500 March 'put' - should be easy money <g> ... I hope ... Disclaimer: The above is my personal opinion. I recommend that you do not base your investment decisions solely on any one person's views or analysis (including mine). Do your own research and take personal responsibility for your investment decisions. Ken Wilson