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Strategies & Market Trends : Sharck Soup

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To: velociraptor_ who wrote (22616)	5/13/2001 9:01:55 PM
From: American Spirit	Read Replies (1) of 37746

None of my stocks have lefty valuations. On the contrary. There are many-many like this. Shorts can only attack the Junipers of the world but the reason they're so high PE'ed is because common sense knows this tech stoppage can and will turn around rather quickly. In somewhere betewen 6-9 months. Fed rate cuts on their own provide huge stimulii. This is the biggest fastest Fed cutting ever. And expect more down to 3%, plus tax cuts and the IBM's of the world leading. Don't tell me VZ, AAPL, UIS, WCOM or HWP have lofty valulations. And don't tell me SCNT, RRRR, PALM and LOR do either. They're all still down near their lows with plenty of value that is not priced in. You cannot assume every quarter is going to be like the 1st and 2nd. They were correctional aberations. Now the bar is much lowered and the stocks are still off an average of 75-80%. So what's your beef. That kind of negativism was right 2-12 months ago but no longer. Shorts have very little breathing room here. And the Fed will eventually strangle you all. Play it up and down but not just down. No way. Just beecause of a dip on Friday don't expect much.

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