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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (18117)	6/15/2001 2:07:39 PM
From: Math Junkie	Read Replies (1) \| Respond to of 30051

The NASDAQ rally seems to have stalled. Is it getting ready to roll over again? bigcharts.com

To: Zeev Hed who wrote (18117)	6/15/2001 2:09:36 PM
From: ColtonGang	Respond to of 30051

Jeffrey Benton, LaBranche & Co.: Market Outlook The market went down on the JDSU and NT news but made an excellent recovery. NASDAQ tested 2000 and held which is a good sign. It looks like we are going into a typical triple-witch Friday: a lot of volatility in the morning, no action from 12:00 to 3:00, and at 3:00 pandemonium will break out. It's hard to know what will happen at the end of the day and most don't try to guess. If we have a big up or down close, it will correct the next morning. You have to be happy about how the market came back from the bad news. That is a good sign. It isn't certain that we'll get the 50 point cut, but the anticipation of it will put a little more life in the market.