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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (45112)4/5/2001 1:12:24 PM
From: michael97123  Respond to of 70976
 
Talkin China Blues today, prayin for a strong close. Right now all this is, is a snapback rally and some short covering.
Step 2 would be some bad employment numbers tomorrow and a quick rate cut. Hope Alan is not letting this rally make him complacent. Fed is talking up economy but they are not stupid--when bush and co talked it down, it had bad effects of the market and thus the economy. Fed Reserve needs a reason to lower rates so as not to panic market. Employment numbers will give them cover.

After step 2 occurs maybe we can call the bottom at 16 and change. Good luck to all and may Ex Dilbert hook up with Dr. Jennifer Melfi and get some help.