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Strategies & Market Trends : Technical analysis for shorts & longs

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Nov 28 4:00 PM EST

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To: Johnny Canuck who wrote (25600)	3/16/2000 2:48:00 AM
From: Johnny Canuck	Read Replies (1) of 68396

www.briefing.com Tech stocks (particularly the Internets) have a history of regurgitating gains going into the summer months. A look back over the past three years shows that tech investors have been burned during the hot months. A good portion of the decline can be attributed to the drying up of money flows relative to the first-half of the year. Anticipation of a slowdown by market professionals also contributes to making the Summer Doldrums a self-fulfilling event.... For investors searching for a Dummies Guide to Beating The Market, we have this advice: Look for bargains in July/August. Our focus would be on technology companies (e-tailers don't count) which have come public within the past 6-9 months and have fallen below their IPO prices. For the more conservative growth-investor, you should still be able to count on Yahoo!, DoubleClick, Cisco, Inktomi to make new highs into the end of the year

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