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I know there are a lot of lines on this
chart and
the good/bad thing is that they are all
seemingly
pointing the same way.
If the cash index does not drop about 50
points then
I'll be most surprised.
Clyde
- - - - - - - - - - - - - - - - - - - - - - - - - - - -Clyde
Lee
Chairman/CEO (Home of
SwingMachine)SYTECH
Corporation email: <A
href="mailto:clydelee@xxxxxxxxxxxx">clydelee@xxxxxxxxxxxx 7910
Westglen, Suite 105
Office: (713) 783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
www.theswingmachine.com- - - -
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Earl Adamy
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, August 01, 2001
21:09
Subject: Re: [RT] S & P
I won't say the thought does not cross my mind, however I'm
not terriblyworried and I do take protective measures based on the
exchange handling ofelectronic stop orders outlined by John Lothian i.e. I
use stop limit ordershosted on exchange servers rather than stop orders
hosted on broker servers.I am of the opinion that the Fed has now
realized that its cannon has beenspiked and is now conserving its musket
balls. When you think about it, theentire Fed program is based on getting
the consumer to consume more of whathe can no longer afford because he is
up to his eyeballs in lease payments,house payments and credit card
payments and getting the lenders to lend moreat cheaper rates to a
consumer who can't afford it. I think it's calledpushing on a
string.Earl----- Original Message -----From: "Howard
Hopkins" <hehohop@xxxxxxxxxxx>To:
<realtraders@xxxxxxxxxxxxxxx>Sent: Wednesday, August 01, 2001 1:23
PMSubject: Re: [RT] S & P> It seems to me that 'they'
are bidding the market up in mornings on allthis> bad economic
news... maybe hoping for the fed to step in with a surprise> rate
cut. By noon or one they give up.>> Is anyone else besides
me a little nervous about shorting this market dueto> possible fed
intervention?>> Just a thought,>
HowardTo unsubscribe from this group, send an email
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