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

To: adcpres who wrote (932)	2/23/2001 12:47:07 PM
From: Dana Johnson	Read Replies (2) \| Respond to of 52237

The "threat" of a cut stabilizes the market?

To: adcpres who wrote (932)	2/23/2001 1:08:48 PM
From: JRI	Read Replies (1) \| Respond to of 52237

yeah, Naz hangin' in there..although if Dow start tanking...I think Naz follows....the engine pulling the downslide now, IMO, is the Dow...it must go down for Naz to go too much deeper.. Re: Fed....Agree that it smells like Jan. 3rd..but I think Fed has to wait until the consumer confidence report on Tues.....they need the excuse...remember when they cut on the 3rd- they claimed weakening business conditions...but surely Naz down 7% (on the Monday) played a part... Having said this, Greenie does want the "surprise" factor.....but still, its just WAY too obvious if he cuts today or Monday....possibility of ruining "put" for long-time.. I tend to agree with you on CIEN IF Dow tanks here...Dow, IMO, needs to crack 10,3...and then some capitulation really starts...