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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: j g cordes who wrote (26807)5/26/2000 3:04:00 AM
From: Johnny Canuck  Read Replies (2) of 68420
 
Jim,

Elaine has not been right too much in terms of market
timing the last few years. Her fundamental model is second
to none, but there has not had much correlation with the
markets the last few years.

I am not sure bonds are a real alternative. The gov't has
been redeeming most of the 30 year bonds (ie inverted
yield curve). The corporate bond market is weak according
to my broker due to the uncertainty of who will survive the
high interest rate environment and most good high tech
companies have lots of cash and no debt. So do you buy
slightly overpriced gov't bonds, risky corporate bonds,
stay to consumer durable stocks or hope that tech companies
can get greater efficiencies by acquiring weaker players in
a down market?

Stocks for a tough market:

biz.yahoo.com

GLW is one of those over priced stocks based on traditional
measures, but it is well positioned to do well going forward
and is cheap compared to its peers (that still sounds like
a wierd justification, but that is what the market is
listening to). It strategy relies on growing by acquisition
though.

Still don't understand what AOL is after the merger?
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