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Re: EMarshall post# 8412

Friday, 08/24/2007 11:43:04 AM

Friday, August 24, 2007 11:43:04 AM

Post# of 9101
Yup, TKO sellers are disappearing! Volume is still thin because of the hesitation on market direction. I think we'll very likely get a 1/2% Fed Funds cut on the 18th. Too many major companies are voicing strong opinions that the Fed has overtightened AND NEEDS TO DO SOMETHING NOW! Besides, we're starting to look like a failing economy and loosing market leadership in the eyes of the rest of the world. I now think The NASDAQ has a good chance of continuing the bull run and reaching 2800 during November. (After the first Fed Fund Rate cut following a series of increases, historically the market rises 12%+ over the next year.) TKO is in sync to do very well ($1.90 by October)!

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