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With the Bush administration, ANYTHING GOES RIGHT NOW....
WAIT.....Doesn't the FOMC meet BEFORE September 30th ?
I think it's SEPTEMBER 24th.....just ONE WEEK BEFORE.....HOW CONVENIENT.
Hmmmmm.......I wonder what will happen to S/T interest rates then ?? (duh !)
"FOMC lowers Fed Funds by a record by 75 basis points......stock markets
rise sharply.....mutual fund holders now happy campers......GOP election
chances now improved"
BTW: I just love to shake you guys up...
> -----Original Message-----
> From: Norman Winski [mailto:nwinski@xxxxxxxxxxxxxxx]
> Sent: Thursday, August 15, 2002 12:15 AM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: [RT] Thursday Prognosis of S&P
>
>
> M Simms,
>
> Hey, maybe they have Arafat bidding up the market with his secret
> billionaire dollar account? And the Bush administration is bad
> mouthing the
> Saudis so no one will suspect they are trading for the CIA?
>
> Conspiringly,
>
> Norman
>
> ----- Original Message -----
> From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Thursday, August 15, 2002 12:00 AM
> Subject: RE: [RT] Thursday Prognosis of S&P
>
>
> > NYSE volume of 1.5 billion today.....weak ?
> >
> > Also, let's not forget the Sept 30th date in NEON LITES hanging in the
> white
> > house......
> > they gotta keep the market up till then.....or else WHAM, goodbye GOP in
> > November.
> >
> > These fierce non-news-related afternoon rallies are just so
> suspicious.....I
> > wonder if Bush has the CIA hitting the BUY order buttons all
> afternoon in
> > the eminis.
> >
> >
> > > -----Original Message-----
> > > From: John Cappello [mailto:jvc689@xxxxxxx]
> > > Sent: Wednesday, August 14, 2002 7:38 PM
> > > To: realtraders@xxxxxxxxxxxxxxx
> > > Cc: MedianLine@xxxxxxxxxxxxxxx
> > > Subject: [RT] Thursday Prognosis of S&P
> > >
> > >
> > >
> > > I know general TA consensus says that we have broken a major
> > > resistance and 947 or better is in sight tomorrow.
> > >
> > > This may be true but this rally could have also been fueled by the
> > > absence of major bad news and CEOs signing on the dotted line.Plus
> > > coming off the heels of a major decline never hurts.
> > >
> > > Tomorrow I believe that:
> > >
> > > 1. UAL will announce Bankruptcy plans
> > >
> > > 2. Major CEOs of certain firms will not sign
> > >
> > > 3. Companies will announce a need to redo back years
> > >
> > > 4. While we passed the early Aug. high we are still below July highs
> > >
> > > 5. The 200 day moving average is a long way off
> > >
> > > 6. 775.9 may have been the low for this cycle but that does not mean
> > > 880 will not be retested.
> > >
> > > We can move higher but I think we will end lower. It would not take
> > > much to derail this uptrend which until now has been fueled by weak
> > > volume.
> > >
> > > This one may have passed a "magic" number but that does not mean that
> > > it "is" the magic number to climb aboard.
> > >
> > > Thoughts?
> > >
> > >
> > > To unsubscribe from this group, send an email to:
> > > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > >
> > >
> > >
> > > Your use of Yahoo! Groups is subject to
> http://docs.yahoo.com/info/terms/
> > >
> > >
> > >
> >
> >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
>
>
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