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

To: ALTERN8 who wrote (22386)	5/11/2001 11:24:10 AM
From: Softechie	Respond to of 37746

Market is adjusting itself for 25bp cut next Tuesday. It was all gungho for 50bp but I guess not anymore with the current economic data. If AG cuts 50bp then look for a pop. I'm very sure AG will keep an easing bias for another 25bp cut in June. I believe Nasdaq will test the lows this year and possibly in October. My 1500 by Memorial Day speculation is quite impossible now. I think market sentiment is that it can't get any worse but who knows. Techs valuation is still flying way too high IMO.