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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (42023)	2/5/2001 2:30:03 PM
From: Peace	Read Replies (2) \| Respond to of 42787

Hi Don, At 2596, the COMP has retraced .618 of the entire rise from the 1/3 low. If this area holds we should start moving up soon for the third leg of the rally. Peace

To: donald sew who wrote (42023)	2/5/2001 5:01:53 PM
From: Jerry Olson	Respond to of 42787

Hi Don just a quick thought here..we hit Carpino's upside target of the 3/1 c-band at 1383.00..he missed it by .50 of a point???.. we always have a reaction down off that touch...we held the first support on the SPX at 1346.00..i think we may see 1330 if CSCO is very bad..not just bad<g>... other wise..things are just pulling back normally after the nice run up recently, and now we have 2 rate cuts under our belts to help...not heavily bullish nor bearish right here.. sideways thru FEB and up hard thru the FOMC and another earnings quarter..only the street will expect the worst, and might get a bit of a better report for the following Q...we are still decelarating now...so one more .50 and we take back all those rate hikes, with the FED aggressively on our side for more if need be... i am long 5-6 stocks all underwater..but they are not full positons yet, and i've grown over time to have patience, especially if i was wrong<G>..hehehehehee best OJ