[RT] RE: MKT: Nasdaq Comp.

["JW" <jw@xxxxxxxxxxxx>]

You know, so many seem to be expecting the world to fall apart when AG raises rates .5%
that maybe it won't happen?  I've heard a lot of talk that the increase is already
built-in and that AG might not continue to raise rates given that this is a presidential
election year.  Maybe he will wait a while and see how the economic numbers play out?  Or
maybe there will only be a 1/4% increase.  Maybe we'll actually have a major rally.
Wouldn't be surprised.

JW


-----Original Message-----
From: listmanager@xxxxxxxxxxxxxxx [mailto:listmanager@xxxxxxxxxxxxxxx]On
Behalf Of Joe Frabosilio
Sent: Tuesday, May 09, 2000 9:55 PM
To: wavetraders@xxxxxxxxxxx
Subject: [RT] MKT: Nasdaq Comp.




Hi Everyone,

    After tomorrow, the lineing up of the planets should be done.  If
history is to repeat itself, then watch out below.  For the past two
days I've watched molasses move faster than Nasdaq stocks, very boring.
I leave for two hours and the price hasn't really moved on a lot of
stocks I was watching.

    I think the Nasdaq should get a short bounce off of the 3438 line,
then possibly break out to the bottom of 2566.   Yes, that Low.

Lets see what happens,

Joe Frabosilio