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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (17990)	1/10/2001 7:41:28 AM
From: Guardian	Read Replies (1) \| Respond to of 19374

reid - thanks. just puzzled as to why mf was rising when all other indicators suggested downturn. here is wsd: This is The Wall Street Digest Hotline for Tuesday, January 9, 2001, at 6:00 p.m. EST. The Dow Industrial Average lost 49 points, while the Nasdaq Composite gained 45 points. The Fed's rate cut last Wednesday was a solid market Buy signal. Historically, the S&P 500 Index rises 23% during the 12 months following the first rate cut. After the first rate cut, the market may or may not move up. However, a bull market rally always follows the second rate cut, which I expect after the FOMC meeting on January 30th. Here are the best stocks to purchase immediately: CIEN Ciena AMCC Applied Micro Circuits CSCO Cisco Systems EMC EMC Corporation NT Nortel Networks SEBL Siebel Systems AVNX Avanex FLEX Flextronics International PMCS PMC-Sierra ADCT ADC Telecommunications BRCM Broadcom BRCD Brocade Communications GLW Corning JDSU JDS Uniphase JNPR Juniper Networks NTAP Network Appliance SCMR Sycamore Networks IRF International Rectifier BEAS BEA Systems STXN DMC Stratex Networks The following stocks should also be purchased immediately: CEFT Concord EFS PSFT PeopleSoft SSSS Stewart & Stevenson VRSN VeriSign Sell Qualcomm (QCOM), which has tripped our stop-loss. Sell all government bonds and all corporate bonds now because stock prices always rise much faster than bond prices after the Fed has cut interest rates. The next Hotline Update will be Friday, January 12, 2001, at 6:00 p.m. EST.