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Re: [RT] Thursday Prognosis of S&P



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----- Original Message -----
From: "bondo92677" <bruce.larson@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, August 15, 2002 1:15 PM
Subject: Re: [RT] Thursday Prognosis of S&P


> Economy sputtering?  They're projecting 4% annualized Q3 GDP.
> Industrial output up 5.6% over the past 3 months.

Bondo,

  Don't confuse us with the facts. Perception is everything.

Cheers,

Normando
>
>
>
> --- 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?
> > > > >
> > > > >
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> > > > >
> > > > >
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> > > > >
> > > >
> > > >
> > > >
> > > >
> > > >
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