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Bera

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Bera

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Re: Vendit post# 224

Friday, 01/26/2001 10:48:50 AM

Friday, January 26, 2001 10:48:50 AM

Post# of 4110
Good morning Reid. Thanks for all the help in the past on reading the slopes of the market. I just wish that there was a way to know when a clif is just around the corner. I watch as SAWS went over one today. I am a little worried about the what the market's reaction to the rate cut next week will be. I believe it is clear that the market has already priced in a .50 cut. I thinking that the talking heads predicitions that the .50 cut is what the NASDAQ needs to break 3,000 is premature. I believe it will take at least two more rate cut before the NASDAQ takes out 3,000. However, I would love for the NASDAQ to close above 2700 today! My greatest fear is if the Feds only cut .25 next week. 

 [B] 
   W  o(..)o   (      CAUTION:  This monkey is still in 
    \__(-)    __)     training!  All opinions expressed 
        /\   (        are for discussion purposes only. 
       /(_)___) 
      w / \           ~Bera 
       /  /           
      m  m
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