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To: Kelvin Taylor who wrote (29961)3/14/2001 9:31:48 AM
From: E.J. Neitz Jr  Read Replies (1) | Respond to of 53068
 
Watch to see if Fed acts today. If they drop rates and market moves up, then retreats, all bets are off--sell and get out, at that point nothing will save the market except lower prices. If Fed acts and market improves and holds--then we may have a good trading rally, and possibily a long term bottom. If Fed does not act (my wish), watch market and make list of stocks that dont drop,they are your future buys--then watch next weeks Fed meeting. For me 100% cash and watching. Good luck everyone.



To: Kelvin Taylor who wrote (29961)3/14/2001 9:48:07 AM
From: Kelvin Taylor  Respond to of 53068
 
covered the shorts, bot PPRO @ 9 15/16, now waiting on everything else