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


To: jvbig who wrote (440)2/18/2001 9:28:00 PM
From: JRI  Read Replies (3) | Respond to of 52237
 
I don't expect an intra-meeting EXCEPT if the Naz falls precipitously towards 2000 (in a big down day(s) type move).....IMO, over the past 2 months, Greenie & co. have indirectly (and Dallas Fed McTeer, directly) indicated that they watch the Naz (along with all other data)....Given the high correlation between Naz falloff since Sept., and consumer confidence going in the tank AND the latest bad Michigan reading....from there is where I draw my scenario...

I do agree that most other data now indicates NO INTRA-CUT....it is only with a panic Naz that I see it (happening)...

(BTW- You think the Naz tank on Jan. 2nd, and 3rd had NOTHING to do with the timing of the intra-meeting cut?....I would disagree with you, if you do)..

Thank for the thoughts...we'll see....no Naz tank, no intra-cut I say..