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To: Crystal ball who wrote (123558)4/12/2001 8:26:41 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
<<BUSH needs to get his tax cut >>
I agree

<< and then PUSH for much lower rates or get legistlation introduced to put the Federal Reserve squarely and directly under US Treasury control. >>

that would be a complete disaster.

Because the mkt is closed tomorrow, this week is seasonally strong- it is a positive week more frequently than than can be attributed to chance. I would not be suprised to see nasdaq be flat for the week next week. I doubt it will tumble much, heck even EMC cut it's loses steadily today; but I doubt nasdaq will go up much for the week.

Don't be fooled. At best, this is a bear mkt rally.
Victor