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Non-Tech : The Critical Investing Workshop
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To: r.edwards who wrote (4124)2/18/2000 12:32:00 PM
From: Voltaire  Read Replies (4) of 35685
 
What you are seeing is exactly what we have talked about in the divergence of the S&P, the DOW and the Naz, in spite of what the Houses tell you and they are scared to death of the redemptions that are going to take place with Fund Holders switching from SO CALLED VALUE FUNDS and even Growth funds, to High Tech WHATEVER FUNDS. The Fed knows this to. Do not look for a multitiude of interest rate hikes like you are hearing, that is the Houses trying their best to head off a redemption debacle but the main thing to remember, instead of hurting the tech stocks as they would make you think, it will do the reverse in the long, it will only exacerbate the problem I mentioned the other day about the fed and the problem of DIVERGENCE, it is a HOUSES problem.

So, on down the yellow brick road we go.

DO NOT GET SHAKEN out of your beliefs and stock IF THE NAZ STARTS DOWN MONDAY AND TUESDAY!

V
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