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To: 1-DAY-TRADER who wrote (864)5/5/1999 9:41:00 PM
From: John M. Allen  Read Replies (1) | Respond to of 10027
 
With the exception of the bickering that is going on, I find this to be one of the most interesting threads right now. The (for the most part) intelligent divergent views is, to say the least, thought provoking. I am a long but Daytrader makes some awfully good points. Besides that, he has correctly called the short-term price movement.
I have examined the chart and feel that, if the DOW and NASDAQ cooperate, we are about to have the biggest rise yet. But, Daytrader, you have insured that I will keep a very close eye for a downturn and will sell if this happens (to buy back later, of course).
Good luck to all.



To: 1-DAY-TRADER who wrote (864)5/5/1999 10:58:00 PM
From: monsoon  Read Replies (1) | Respond to of 10027
 
Good insight, 1-day-trader....

My money is betting that the Fed will be raising discount rate at the FOMC meeting next week. Nite is a great stock but it's NOT going to buck the trend when interest rate goes up.