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To: AllansAlias who wrote (71803)2/26/2001 12:54:07 PM
From: Poet  Read Replies (2) | Respond to of 436258
 
Hi Allan,

You and I are usually in agreement on many of the short term moves, so I've got to tell you I'm bearish here. My thinking: Consumer confidence numbers show increased bearishness tomorrow. The market takes this as an indication that Greenspan won't cut rates before Mar 20 and this two-day souffle loses its steam.

FWIW, Hahn's weekend update calls for a fast and furious flush on Wednesday. He gives a QQQ buy target of <gulp> $42.



To: AllansAlias who wrote (71803)2/26/2001 1:08:54 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
the range's days are numbered imo. i'm considering the possibility of a 28th low, followed by a March 5 high instead of vice versa...in view of the weakness of the current bounce.


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