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To: John Madarasz who wrote (64218)	2/2/2001 12:33:57 PM
From: Les H	Read Replies (1) \| Respond to of 436258

There's a 10-week cyclical low on February 28. The next bullish left-third runs right into the March FOMC meeting. federalreserve.gov

To: John Madarasz who wrote (64218)	2/2/2001 12:50:16 PM
From: pater tenebrarum	Read Replies (2) \| Respond to of 436258

yes. apart from a one to two day counter-trend rally next week should be quite negative. the low could come in as late as the 14th/16th in fact, with the re-test around the 22nd. if it transpires in this manner and the decline is deep, i'd expect another inter-meeting cut from the merry pranksters, and they'll do it in such a way as to bugger as many shorts as possible, so perhaps they'll do it on options expiration day. it's not as if there wasn't precedent for this type of nonsense.