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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 (840)	2/22/2001 10:13:17 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 52237

Turkish market up nearly 10 percent today

To: Paul Shread who wrote (840)	2/23/2001 8:48:29 AM
From: JRI	Read Replies (1) \| Respond to of 52237

Watch us rally out of the down open....and then fade down before 11:00 AM....I think we're testing 2050 on the COMPX today (at least)....a hard down day on all indices would confirm crows...negate CLASS ONE buys....and set up the typical ugly Monday scenario.....crash will be the talk of the weekend...2000 penetrated, and maybe 10k too on Monday....then, Art Cashin will keep saying "everyone's waiting for Alan Greenspan"... Greenie and co. should get involved on Monday or Tuesday...(question is: Will it do that much good? A few hundred pts. rally, then back down? It may look like desperation)... I am starting to give more creedence to those who says Greenspan is reluctant to cut, reluctant to use those few bullets in the gun....I think this will manifest itself in that he will wait a bit longer (1800-2000) to cut then some think...and it may be the low end of that range....He is worried about being rendered impotent if he cuts too much (at the market whim), and inflation possibilities. But bottom line is: He remember recession '90 and Japan...he'll pump... (I reserve the right to be wrong!)