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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (58183)	4/29/2002 8:19:41 AM
From: Justa Werkenstiff	Respond to of 99280

Ork: My rationale primarily stems from the fact that oversold readings in the market are corrected going into an FOMC meeting. Meeting is next Tuesday. We also have an EOM up bias in window-dressing and historically strong days going into May from here. I also expect the dollar will stabilize at this level for a respite. For your benefit, Sox may show weakness today as 500 has not been teased and Sox often times lags any Nasdaq bounce/rally. If correct, immediate issue is what happens after the Fed. meeting. The following week is options expiration.