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


To: Rich1 who wrote (11739)2/26/2001 11:06:44 PM
From: Junkyardawg  Read Replies (1) | Respond to of 30051
 
No offence and I think you know me well enough to know that I am not mean spirited when I say this.......I wish I had a damn penny for every time I have seen that same thing posted.

Personally I think the Dow is about to crash. This whole thing of some guy telling the world that the FED is about to do a cut between meetings and CNBC screaming out loud all day is a set up. When people see what has happened the Dow will crash. I figure the Nasdaq won't fall a lot further because it has fallen so far already but it could break the 2000 mark.

One more thing. No way the FED cuts when the market goes up 200 points after going up a bunch the day before.

dawg