WCOM Message Board - Msg: 13432837

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Technology Stocks : WCOM

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To: el paradisio who wrote (6447)	4/15/2000 6:43:00 AM
From: JDN	Read Replies (1) of 11568

Dear El: From what I have been able to extract from the news shows Fri. night, it seems that the healthiest thing would be for the market to open Down on Monday (due to margin calls), have a flurry of panic selling weeding out the last of the short termers and then begin a recovery either that afternoon or Tuesday. The consensus seems to be if that were to happen the recovery would be real and sustained. If it opens UP Monday then there is fear of a bear trap rally. Bottom line is there is a great deal of CASH on the sidelines awaiting the TECHNICAL indicators to buy. JDN

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