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To: BWAC who wrote (4277)4/20/2001 10:14:10 PM
From: Larry S.  Read Replies (1) | Respond to of 5499
 
5% Cllub thread - last week or so i started a new thread, stocks that are down 95% from their highs: Subject 51071 one stock is up 120% since 4/9, and is in 5th place!!! check it out. larry



To: BWAC who wrote (4277)4/22/2001 11:50:23 AM
From: Esway  Respond to of 5499
 
Well didn't take long before the negative spin type articles start to come out on why the fed cut rates between meetings.

biz.yahoo.com <<<
Enjoy It While It Lasts
By Igor Greenwald

THE BAD NEWS first: the Federal Reserve may have cut interest rates again because it spies recession on the doorstep. The good news: whatever spooked policymakers probably won't ring the doorbell next week. >>

<<So the coast is clear, right? To heck with ursine metaphors, sackcloth-and-ashes acts and earnings quibbles. With Lou Dobbs beelining back to Moneyline, it's only a matter of time before Ameritrade (NASDAQ:AMTD - news) fetches Stuart from the dole line and the Dow resumes its halting climb toward 100,000, say you and Ralph Acampora. Right?

Not so fast.

Wall Street may be celebrating premonitions of bottoms by captains of industry — but watch out when the consumer spending downturn the Fed is trying to forestall arrives, argues Briefing.com Director of Research Gregory A. Jones.

``Nonfarm payrolls fell in March, jobless claims have been on the rise, ex-auto retail sales fell for a second straight month, and consumer confidence is still falling,'' Jones wrote Wednesday. ``All of these indicators fit in with our view that business investment is leading this downturn, and that the consumer comes next.'' >>