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Economy sputtering? They're projecting 4% annualized Q3 GDP.
Industrial output up 5.6% over the past 3 months.
--- In realtraders@xxxx, "Kent Rollins" <kentr@xxxx> wrote:
> Quite the contrary. The Fed will avoid moving right before an
election
> unless things are really bad. If the economy continues to sputter
along as
> it is doing now, there will be no change in rates.
>
> Kent
>
>
> ----- Original Message -----
> From: "M. Simms" <prosys@xxxx>
> To: <realtraders@xxxx>
> Sent: Thursday, August 15, 2002 11:29 AM
> Subject: RE: [RT] Thursday Prognosis of S&P
>
>
> 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@x...]
> > Sent: Thursday, August 15, 2002 12:15 AM
> > To: realtraders@xxxx
> > 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@xxxx>
> > To: <realtraders@xxxx>
> > 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@x...]
> > > > Sent: Wednesday, August 14, 2002 7:38 PM
> > > > To: realtraders@xxxx
> > > > Cc: MedianLine@xxxx
> > > > 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@xxxx
> > > >
> > > >
> > > >
> > > > 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@xxxx
> > >
> > >
> > >
> > > Your use of Yahoo! Groups is subject to
> http://docs.yahoo.com/info/terms/
> >
> >
>
>
>
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