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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (7981)	5/24/2001 4:22:38 PM
From: donald sew	Read Replies (1) \| Respond to of 52237

Dennis, >>>>> Closed yesterday's buys at the close. That VIX has me nervous. Damn thing hasn't worked well lately but, sheesh <<<<< Actually, the VIX is getting back to a CLASS BUY(negative for the market) again, and the 5-DAY TRIN is approaching 6.00 again. So there is support for further decline. Heck, I took a small chance by going long, since Im still strongly in cash, but I guess I got cocky and tried to play for a 1-2 day rally, before the selling resumes.

To: dennis michael patterson who wrote (7981)	5/24/2001 8:36:19 PM
From: Challo Jeregy	Read Replies (1) \| Respond to of 52237

Thursday May 24, 8:31 pm Eastern Time Greenspan: Risk of Unexpected Economic Weakness NEW YORK (Reuters) - Federal Reserve Chairman Alan Greenspan said on Thursday the U.S. economy is still at risk of weakening more than anticipated, a situation that could require further rate cuts by the central bank. ``This period of sub-par economic growth is not yet over, and we are not free of the risk that economic weakness will be greater than currently anticipated, requiring further policy response,'' Greenspan said in a speech prepared for delivery to the Economic Club of New York. However, the Fed chief emphasized that the aggressive action the central bank has already taken this year was yet to fully impact the overall economy. ``We also need to be aware that our front-loaded policy actions this year should be providing substantial support for a strengthening of economic activity later this year,'' he said.