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Strategies & Market Trends : Making Money is Main Objective

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To: Softechie who wrote (905)	3/10/2001 2:06:16 PM
From: Paul Kern	Read Replies (1) of 2155

Techie, Would you be buying WAC at four bucks? As to the FOMC, AG isn't in the biznezz of saving investors from their irrational exuberance. He's supposed to manage the economy and as he is fond of saying, wage inflation is his favorite worry. I'm betting on .50 or even .25. In any event, a .75 drop won't save the techs from their sky high PEs. The Naz, as we knew it, is over. Why do you think I'm considering WAC? I'm looking for a little bear (bare?) rally this week from the averaging down bargain hunters to start some of my shorts all over again. Paul

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