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To: moufassa7 who wrote (48649)3/8/2001 3:56:10 PM
From: carepedeum2000  Respond to of 57584
 
money flowing to defenive issues, indicating market thinks unemployment may be stronger than expected, now rumor circulating of only a .25 rate cut, naz is either going lower or we are set up for big surprise rally, im going flat into close, dont like the risk reward ahead of tomorrows number, the market should move hard in the morning one way or other, better to go for reversal play after the initial hard surge imo



To: moufassa7 who wrote (48649)3/8/2001 3:59:55 PM
From: Mark Konrad  Read Replies (2) | Respond to of 57584
 
Gotta agree with you, Moufassa. Naz close is looking sick...exited and shaved positions to build cash. Stopped out of half my MCDT under 19 1/2 and all but one QQQ long position. You've called and played this perfectly the past few days. My congratulations to you. Have a great day, everyone--MK--


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