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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Mr. Fortune who wrote (90418)3/30/2000 7:17:00 AM
From: swisstrader  Read Replies (3) of 108040
 
All overseas was NOT down overnight...Japan tech was actually up nicely, while big caps were down and the thought for both overseas and here was that a boatload of selling and nervousness had to do with the closing of Tiger Mgt and the selling for that fund is now over...also, QCOM (positive comments and deals w/MOT + NOK), Tech Data (earnings) and Seagate (going pvt) news AFTER the bell are all positives...in the same breath, I believe that we're in for a rout of more selling today (futures getting hit) and will either rally Friday or next week...also, 4Q GDP will help set the stage...too late too sell, but probably time to consider picking up some bargains...just when you think they've stuck the knife in as deeply as they can, expect it to go another inch or two or three...but if anyone thinks techs/nets/biotech are done here, they are sorely mistaken.
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