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<DIV>Hi RT's,</DIV>
<DIV> </DIV>
<DIV>I fear Monday will be a major down day for the following reasons:
Mondays after expiration Fridays have been down days recently, especially when
the market closes higher on Friday. Add to that, August malaise and a FOMC
meeting on Tuesday and you have a formula for a big move to the downside.</DIV>
<DIV> </DIV>
<DIV>Comments Anyone? Have a great weekend, all.</DIV>
<DIV> </DIV>
<DIV>
Good
luck and good trading,</DIV>
<DIV> </DIV>
<DIV>
Ray Raffurty</DIV>
<DIV> </DIV>
<DIV>P.S. If the Fed. does raise rates on Tuesday, it will put stress on
the market until the October meeting. Remember the third oldest adage on
Wall Street: :Three steps and a stumble."</DIV>
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</x-html>From ???@??? Fri Aug 20 13:22:39 1999
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Reply-To: "charles meyer" <chmeyer@xxxxxxxx>
From: "charles meyer" <chmeyer@xxxxxxxx>
To: "REAL TRADERS" <realtraders@xxxxxxxxxxxx>
Subject: NR7'S
Date: Fri, 20 Aug 1999 14:01:23 -0500
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Status:
Group:
Looks like a set-up for the OTC and SnP for Monday.....unless
we get additional range expansion between now and the
closing bell. Uhhhhh. .....which way for Monday?
Chas
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