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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Stephen who wrote (40077)1/5/2001 10:43:54 AM
From: Stephen  Read Replies (1) | Respond to of 42787
 
Besides .. is it too much of a stretch to tie the Fed action in with a derivative mess given todays economic numbers weren't as bad as some feared ??. If there is a derivative problem ... the domino effect could be pretty awful ... and the numbers considerable.... and would also explain the Fed's action in lowering the discount rate by another .25bp.

This situation is a big gamble at this time ... and I for one think the risks are too high.... especially given the sensationalist type of journalism here on the West coast.

Still ... then again ...I'm not much of a gambler ... LOL

Regards

Stephen

P.S. Another besides ... who knows what earnings warnings there will be tonight ... Friday nights are considered prime for high-profile companies I believe ??



To: Stephen who wrote (40077)1/5/2001 10:55:42 AM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
I agree that people have probably lost faith in techs at this point, and are probably trigger-happy. Hopefully that will shake out weak positions so we can get something sustainable going.


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