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To: Ibexx who wrote (40216)1/6/2001 9:47:16 PM
From: craig crawford  Respond to of 42787
 
.
Just one of my arguments for higher prices in the Nasdaq in the next few weeks.
Message 15137012

--I have not been bullish and trying to call a bottom for the last 10 months.

--In fact I have stayed out of the market since the Spring and only recently started looking for a bottom in the Nasdaq the week the FOMC met on Dec 19th. The broad market on the Nasdaq bottomed a day later on 12/20-12/21. That is the true bottom (even if only short-term) I believe. I don't believe the market bottomed a few days ago, I believe it bottomed a couple of weeks ago.

Some of my prescient calls recently you can check out:

Predicting the Fed would cut last week and the Nasdaq would see a 300 point pop.
Message 15110801

Bullish and buying before the rate cut
Message 15109742

Another accurate prediction of the Fed cutting early
Message 15109241

Was warning shorts not to get to greedy and a little birdie chirping something about a Fed ease
Message 15109152

Major positive divergences
Message 15109078

This one was half joking but not so far off base!
Message 15106972



To: Ibexx who wrote (40216)1/6/2001 10:36:43 PM
From: hobo  Read Replies (1) | Respond to of 42787
 
Reportedly he was being visited by a group of three, led by Cheney, who conveyed a strong message from W: " cut or be cut" - or something like that.

er... in that "group of three"...

did the other 2 hada heavy Italian accent and did theya by chance, lefta a cut horse's head by thea side ?

i consigliere in Salermo called, theya wanted to know too.

Sto andando rendervi un' offerta che non potete rifiutare



To: Ibexx who wrote (40216)1/7/2001 3:34:29 AM
From: Jack T. Pearson  Read Replies (1) | Respond to of 42787
 
Bush ordered the cut?! Bull.



To: Ibexx who wrote (40216)1/7/2001 5:22:27 PM
From: shamsaee  Read Replies (2) | Respond to of 42787
 
I don't think Bush can do that and it would have to be approved by the senate. Bush is an idiot and only making things worse by his constant remarks about the economy in the media.



To: Ibexx who wrote (40216)1/8/2001 9:33:28 AM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
Ibexx,

The one thing I haven't seen much on is that the new Fed voting members as of January 1 are much more dovish than the Meyer camp that had the market in a stranglehold last year. They might have jumped at the first chance to cut rates. AG always acts when he smells a credit crunch, and he seems to have known one was coming this time.

Bush wouldn't be the first president to pressure Greenspan (Clinton did it, albeit politely, in '94, and Bush The Elder did it in '90 -- a family trait?), but AG doesn't have to listen. As long as he wants the job, Bush would face a revolt if he tried to get rid of him, IMHO. The Dems share power in the Senate, and AG's not up for reappointment until 2003, anyway. A lot can happen by then.

Regards,

Paul

P.S. Was Cheney hooked up to a defibrilator when he delivered that tough talk? <ggg>