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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (11685)2/24/2001 2:12:16 PM
From: Mike M  Respond to of 30051
 
Zeev, that would be consistent with the turnips' prediction of a turn on the 28th and another circa 8-9th of March. It is also my guess that March will be deeper and hopefully define a significant bottom.

I would expect a follow through albeit low volume rally tomorrow with a reversal Tuesday. What catalyst would you expect to keep this from becoming a failed test next week?

A small FED cut Wednesday or Thursday? Wouldn't surprise me...



To: Zeev Hed who wrote (11685)2/24/2001 2:36:55 PM
From: Larry Brubaker  Respond to of 30051
 
Interesting article on the new economy.

grantspub.com



To: Zeev Hed who wrote (11685)2/24/2001 7:46:08 PM
From: Rick Storm  Read Replies (1) | Respond to of 30051
 
Zeev, the Barrons "lemon" report (sorry, Iknow its not a vegggie) states thet consumer confidence will be 110.5, the lowest since Nov 92; since the Fed already has this info( gosh even Barrons has it!) Isnt this a likely scenario for a rate cut since this could be the trigger, for a market melt down and the the recession that Greenspan says will not happen; any thoughts