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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?

To: Rich1 who wrote (2249)	1/30/2001 3:28:02 PM
From: Junkyardawg	Respond to of 15481

I think +400(Nasdaq) it would put the shorters on panic mode. Also, most every news article, every conversation, every opinion all over the net and wall street says that we sell off no matter what the fed does. That tells me they are settting up shorts to get blistered. I bet there are many more shorts going into this FOMC meeting than we have had in a long time. The FED needs to shock this market. They over did it when they raised rates and I think they will probably over do it lowering rates. Sounds logical to me. Then again Greeny isn't logical, he is nuts. dawg