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To: The Phoenix who wrote (47262)1/26/2001 12:22:19 PM
From: bambs  Read Replies (1) | Respond to of 77400
 
I wasn't completely absent. I made a few comments and said that I thought we would go up to 50 dma for sure and could test 3000 and if we break 3000 the 200 dma would be the top. I said that this move as result of the belief that things will get better in the second half as rate cuts take affect. I said that we will sell back off as people come to the see that rate cuts won't stop declining margins, over capacity, increased competition and huge levels of bad debt from failing businesses. oh, and rising energy prices and general inflation in the crb index.

bambs