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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: DlphcOracl who wrote (21681)5/9/2001 2:43:33 PM
From: ycocko  Respond to of 37746
 
I pick curtain #2

Rgds

YC



To: DlphcOracl who wrote (21681)5/9/2001 2:49:21 PM
From: velociraptor_  Respond to of 37746
 
Anything less than 0.50 will produce a sell-off for sure. A 50 bp cut will be a hard play. Most likely there will be a pop in celebration of the cut, but where we go depends on where we start and what levels hold. Any move over 11,050 will be bullish with a potential target of 11,400 or so. Failure to break 11,000 on a pop will be bearish and anything that causes the DOW to move below 10,700 will be even more bearish. Nasdaq of course needs to break above 2250 to be bullis. Key support levels below are 2085 and 2000.



To: DlphcOracl who wrote (21681)5/9/2001 2:50:13 PM
From: Softechie  Respond to of 37746
 
Nasdaq will not move any higher than 2200 and same with Dow for 11000. When the Dow starting to sell then watch for another gigantic correction for Nasdaq.



To: DlphcOracl who wrote (21681)5/9/2001 2:51:02 PM
From: DebtBomb  Read Replies (1) | Respond to of 37746
 
Dlphc, I think 2, I'm guessing the market will sink bad after the FOMC, no matter what happens, unless they cut by .75 and keep an easing bias, just my opinion.



To: DlphcOracl who wrote (21681)5/9/2001 2:53:52 PM
From: besttrader  Respond to of 37746
 
2