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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (36660)	5/6/2001 12:36:23 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 65232

talk about expectations out of line jobs report on Thursday expected plus 40k jobs instead a record minus 220k jobs rally and run, right over the cliff layoffs are accelerating, exactly as I anticipated spending should catch up on the downside soon meanwhile, trading technicals actually look read good for both indexes and key stocks go figure whether a bottom V or U has been put it, who knows? my guess is a WWW bottom until Thanksgiving five weeks up, five weeks down, then let's do it again I agree with GregMull about how CSCO is a key indicator was thinking about shorting that joke AMZN if it were just 1-2 pts higher, it would be perfect for short in another week it might be there my guess is we rally insanely irrationally at mild pace up to May15th FOMC if they cut another 50 bpts, then what more can be hoped for until July? not much, just like in late Jan, awaiting midMarch I see big risk between midMay and July / jim