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

To: Paul Shread who wrote (606)	2/21/2001 2:37:50 PM
From: Daveyk	Respond to of 52237

CSCO and INTC approaching their lows of the day.They break it and Fed may prove your paranoia one way or the other.I would expect that if they go lower things could get real ugly.

To: Paul Shread who wrote (606)	2/21/2001 2:48:11 PM
From: Riskmgmt	Respond to of 52237

Paul, Re: >> I may be paranoid, but the Fed sure seems to watch that line. << The fact that they met yesterday and no announcements yet may indicate that they are watching but don't want to appear to be panicking. (Unlike long tech holders). I read somewhere that they are putting liquidity into the system in a big way (forget the numbers but can look it up if you haven't seen it) maybe a covert way of adding support. So far doesn't seem to be helping much. Good luck on your longs. ray