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

To: Stephen who wrote (40104)	1/5/2001 12:13:31 PM
From: Paul Shread	Read Replies (1) \| Respond to of 42787

Tell that to eToys. Manufacturing is in a recession; will the rest of the economy follow? I don't know. Today told us nothing: employment is a lagging indicator. GDP in a couple of weeks will probably be the most telling number, with the caveat that there's no way to isolate what happened in December. I don't think Bush is helping by jawboning the Fed. The Clinton Administration is so far appearing a lot smarter in dealing with the Fed. So far COMPX is holding at 50% retrace with much lower volume than yesterday. Given the severity of the Fed's action, the market's right to be worried, but history gives the market an 80% chance of going up here, or at least not falling further. A better-than-average bet...