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jdaasoc

06/19/03 10:14 PM

#121673 RE: ajtj99 #121661

We've also got end of quarter, end of month stuff coming up

The biotechs are getting sold hard to lock in profits since fund managers want to be holding MSFT GE PFE CSCO asnd other large caps by Jun 30.

Nothing to IMCLE OSIP and ADRX but the trading op intraquarter.
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Math Junkie

06/20/03 3:04 AM

#121714 RE: ajtj99 #121661

Are you concerned at all about the fact that $BPNDX just crossed below the 20 EMA?

http://stockcharts.com/def/servlet/SC.web?c=$BPNDX,uu[h,a]daclnnay[dd][pc20!f]&pref=G
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otraque

06/20/03 6:35 AM

#121721 RE: ajtj99 #121661

i will say this, if AG shocks by not lowering rates, i will remove all suspicion he has gone goofy and that he actually perceives the danger of another grossly inflated market, and the rocketship rally into July will head downwards.
But another rate cut will reveal he is committed to a massive inflationary asset base(meaning houses and the stock market) as he lies and says he by lowering ratess he is fighting deflation on consumer goods.
This the Greenspan ruse George Cole has so well brought forth.
Max p.s. i will be SHOCKED if AG actually left rates unchanged, however.

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otraque

06/20/03 6:38 AM

#121723 RE: ajtj99 #121661

Futures pump is now pumping, SPX +4.2 NDX +10.50 DOW +39. Time 6:30 am.