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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (14010)	6/5/2001 2:27:14 PM
From: Venkie	Respond to of 15481

If we can keep the momo going then you will most likely be on target..

To: Jorj X Mckie who wrote (14010)	6/5/2001 2:39:30 PM
From: jcky	Read Replies (1) \| Respond to of 15481

Interesting dig Jorj X. I'm not much of a P&F chartist but I like your analysis. But I don't believe all is going to be rosy after the Feds' meeting late in June. The VIX is at an extremely low value for this market (see Aug/Sept 2000 and Jan/Feb 2001). I'm expecting a market pullback after the Feds' meeting as the market questions whether the current cycle of interest rate cuts is near an end. But I'm leaning towards an upward bias for this market until at least the end of options' expiry for the month of June. Good luck with your trades.