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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (94880)	4/16/2001 7:42:34 PM
From: t2	Read Replies (4) of 436258

OK, I guess you got me confused with someone else about his MSFT calls. In any case, I still believe the short term move on the Nasdaq is still up. My case for is still partially due to the level of the shorting mania that has been going on; and the severe drops in valuations; and more rate cuts. Once the Intel earnings is over, that will make it easier to move forward. IBM and MSFT will not be that bad. As a result the Nasdaq still bounces to mid 2000s fairly quickly. Cisco was always the dark cloud on the horizon...and now they have done their nasty profit warning..paving the way for the rally to CONTINUE! We shall see. I don't mind one or or even 2 down days on a stead move up on the Nasdaq. In fact, I don't really care too much for the NYSE stocks simply because they don't have a high enough short interest.

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