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Strategies & Market Trends : Rande Is . . . HOME
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To: Rande Is who wrote (23907)4/14/2000 10:24:00 AM
From: Tradelite  Read Replies (1) of 57584
 
Rande, since you opened up the floor to comments, I am formulating some thoughts. I, too, would like to see more panic, because there are some stocks I'd like to get a lot cheaper than they are now, no matter how much they are down from relative highs.

However, I don't think the economic fundamentals are there to cause a steep downtrend in the market.....this economy is pretty good. And as long as people follow the advice so often given when investing....which is to "know what you bought and why you bought it....we might not get the bear-market bargains on stocks that we would like.

We should, however, wait a while for definitive signals that this mess is over. Greenie is still haunting the house with his interest-rate act, and interest rates DO drive profits and the business of companies, like it or not. The effects of interest rates will show up in earnings reports of companies for months to come. (sighhh)

Just my two cents.
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